Stock analysis Filatex Fashions Limited FILATFASH

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Moving Averages for Filatex Fashions Limited

5Day Average: 10.8
12Day Average: 10.85
20Day Average: 11.49

FILATFASH Indicators & signals

Recent prices of FILATFASH Filatex Fashions Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
14 Fri Jun 2024	10.67	10.49 to 11.25	-1.02%	2.68 times
13 Thu Jun 2024	10.78	10.69 to 11.11	1.41%	0.53 times
12 Wed Jun 2024	10.63	10.39 to 12.00	-3.01%	2.57 times
11 Tue Jun 2024	10.96	10.58 to 11.15	-0.09%	0.47 times
10 Mon Jun 2024	10.97	10.49 to 11.25	2.52%	0.5 times
07 Fri Jun 2024	10.70	10.55 to 11.45	-2.28%	0.55 times
06 Thu Jun 2024	10.95	10.30 to 11.10	6.83%	0.62 times
05 Wed Jun 2024	10.25	9.65 to 10.70	0.49%	0.45 times
04 Tue Jun 2024	10.20	8.50 to 11.25	-3.77%	1.51 times
03 Mon Jun 2024	10.60	10.45 to 12.40	-8.23%	2.41 times
31 Fri May 2024	11.55	11.30 to 12.00	-3.35%	0.4 times
30 Thu May 2024	11.95	11.85 to 12.25	0%	0.5 times

Technical analysis forecast for Filatex Fashions Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Filatex Fashions Limited FILATFASH at this time. Stock is falling and might fall more.

It appears as if Filatex Fashions Limited FILATFASH gave a large move recently.

Stock of Filatex Fashions Limited (FILATFASH) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Filatex Fashions Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.3 as stoploss in an intra day buy trade for a target of 11.31. However, stock will show a bearish move below 10.3.

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