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Styrenix Performance Materials Limited

STYRENIX.BO Technical Analysis Summary (BSE)

Analyze STYRENIX.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

STYRENIX.BO●BSE
Basic MaterialsChemicals - Specialty
₹2256.60
₹29.50(1.29%)
Indian Market opens in 34h 18m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

STYRENIX.BO Technical Analysis Summary (BSE)

Styrenix Performance Materials Limited (BSE: STYRENIX.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.97)
Trend Strength:Strong (ADX: 34.49)
Volatility:Medium (ATR: 96.19)
Support/Resistance:$2187.87 – $2588.42 (Bollinger Bands)

Technical conditions suggest Styrenix Performance Materials Limited on the BSE is awaiting a decisive move. Overall, Styrenix Performance Materials Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.61

Bearish
Momentum remains weak below midpoint.

Williams %R: -96.68

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.08

Bearish
Selling pressure outweighs buying.

Takeaway:Styrenix Performance Materials Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 21.52

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.49

Strong
Strong trend, momentum well established.

ATR (14): 96.19

Rising
Rising volatility, market activity increasing.

CCI (14): -252.05

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Styrenix Performance Materials Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2588.42
Middle Band (SMA 20)
$2388.14
Lower Band
$2187.87
Current Position
Within Bands

Takeaway:Styrenix Performance Materials Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2577.20
Middle Line (EMA 20)
$2384.82
Lower Channel
$2192.44
Squeeze Status
No Squeeze

Takeaway:Styrenix Performance Materials Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-38.93K
Money Flow Index63.83Bullish, inflows support continued momentum.
Relative Vigor Index37.92Bearish, price momentum favors sellers.

Overall Takeaway:STYRENIX.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Styrenix Performance Materials Limited (BSE: STYRENIX.BO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Styrenix Performance Materials Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: STYRENIX.BO) Technical Analysis FAQ