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Stock analysis Bata India Limited BATAINDIA

More indepth analysis on MunafaSutra.com

Moving Averages for Bata India Limited

  • 5Day Average: 1358.59
  • 12Day Average: 1349.68
  • 20Day Average: 1356.42
  • 50Day Average: 1389.05
  • 100Day Average: 1470.98
  • 150Day Average: 1514.17
  • 200Day Average: 1560.64

BATAINDIA Indicators & signals

Indicator MACD (12,26,9)

1356.72, 1365.71, -12.94
Indicator MACD is in negative zone

Indicator ADX (14)

9.99, 20.08, 24.54
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BATAINDIA Bata India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Thu May 2024 1354.25 1351.00 to 1374.80 -1.09% 0.52 times
30 Tue Apr 2024 1369.15 1358.00 to 1373.50 0.92% 0.69 times
29 Mon Apr 2024 1356.70 1348.00 to 1372.10 -0.49% 0.88 times
26 Fri Apr 2024 1363.40 1349.00 to 1387.95 1.03% 1.75 times
25 Thu Apr 2024 1349.45 1345.25 to 1366.00 -0.99% 0.6 times
24 Wed Apr 2024 1362.95 1355.25 to 1369.25 0.8% 1.09 times
23 Tue Apr 2024 1352.10 1337.15 to 1357.00 0.7% 0.79 times
22 Mon Apr 2024 1342.75 1323.75 to 1348.00 1.69% 0.91 times
19 Fri Apr 2024 1320.40 1307.05 to 1341.70 -1.72% 1.51 times
18 Thu Apr 2024 1343.55 1340.00 to 1368.00 0.34% 0.9 times
16 Tue Apr 2024 1339.00 1326.55 to 1350.00 -0.26% 0.88 times
15 Mon Apr 2024 1342.45 1341.05 to 1382.00 -3.25% 1.36 times

Technical analysis forecast for Bata India 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 Bata India Limited BATAINDIA at this time. Stock is falling and might fall more.

It appears as if Bata India Limited BATAINDIA gave a large move recently.

Stock of Bata India Limited (BATAINDIA) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Bata India Limited is bearish for shortterm, and stock might move down till 1344.9 or till 1325.9. Use a stoploss of 1360.75 and if the stock hits stoploss, then it can shoot up till 1376.6

More indepth analysis on MunafaSutra.com