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Stock analysis Genus Paper & Boards Limited GENUSPAPER

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Moving Averages for Genus Paper & Boards Limited

  • 5Day Average: 22.45
  • 12Day Average: 21.99
  • 20Day Average: 21.17
  • 50Day Average: 20.38
  • 100Day Average: 21.12
  • 150Day Average: 20.74
  • 200Day Average: 20.25

GENUSPAPER Indicators & signals

Indicator MACD (12,26,9)

21.91, 21.28, 0.49
Indicator MACD is in positive zone

Indicator ADX (14)

0, 15.32, 15.32
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GENUSPAPER Genus Paper & Boards Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Thu May 2024 22.35 22.15 to 22.85 0% 0.4 times
15 Wed May 2024 22.35 22.20 to 22.75 -0.67% 0.3 times
14 Tue May 2024 22.50 22.20 to 22.80 -0.22% 0.49 times
13 Mon May 2024 22.55 21.85 to 22.90 0.22% 0.77 times
10 Fri May 2024 22.50 20.70 to 23.20 4.41% 0.9 times
09 Thu May 2024 21.55 21.45 to 22.90 -4.22% 0.58 times
08 Wed May 2024 22.50 21.70 to 22.95 2.27% 1.43 times
07 Tue May 2024 22.00 21.25 to 22.45 0.69% 0.82 times
06 Mon May 2024 21.85 20.75 to 22.80 -0.23% 1.24 times
03 Fri May 2024 21.90 21.25 to 22.50 0.92% 0.96 times
02 Thu May 2024 21.70 20.15 to 22.20 7.69% 2.52 times
30 Tue Apr 2024 20.15 20.10 to 20.85 -0.98% 0.45 times

Technical analysis forecast of Genus Paper & Boards Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Genus Paper & Boards Limited GENUSPAPER at this time. Stock is rising and might rise more.

It appears as if Genus Paper & Boards Limited GENUSPAPER gave a large move recently.

Stock of Genus Paper & Boards Limited (GENUSPAPER) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Genus Paper & Boards Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 22.7 as stoploss in an intra day sell trade for a target of 21.49. However, stock will show a bullish move above 22.7.

More indepth analysis on MunafaSutra.com