Stock analysis Chambal Fertilizers & Chemicals Limited CHAMBLFERT

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Moving Averages for Chambal Fertilizers & Chemicals Limited

5Day Average: 417
12Day Average: 390.45
20Day Average: 383.09
50Day Average: 365.88
100Day Average: 365.31
150Day Average: 341.13
200Day Average: 324.16

CHAMBLFERT Indicators & signals

Indicator MACD (12,26,9)

398, 382.3, 9.9
Indicator MACD is in positive zone

Indicator ADX (14)

49.37, 41.26, 13.99
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CHAMBLFERT Chambal Fertilizers & Chemicals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
30 Tue Apr 2024	424.40	422.10 to 431.80	-0.54%	0.56 times
29 Mon Apr 2024	426.70	424.00 to 439.00	0.91%	1.25 times
26 Fri Apr 2024	422.85	411.35 to 426.95	3.42%	1.62 times
25 Thu Apr 2024	408.85	402.20 to 412.80	1.65%	1.42 times
24 Wed Apr 2024	402.20	383.00 to 406.60	5.73%	3.95 times
23 Tue Apr 2024	380.40	369.75 to 382.00	2.16%	0.37 times
22 Mon Apr 2024	372.35	367.25 to 374.35	0.77%	0.17 times
19 Fri Apr 2024	369.50	355.00 to 371.50	1.11%	0.33 times
18 Thu Apr 2024	365.45	363.75 to 376.15	-2.16%	0.24 times
16 Tue Apr 2024	373.50	363.60 to 376.15	2.08%	0.36 times
15 Mon Apr 2024	365.90	357.45 to 369.90	-2%	0.29 times
12 Fri Apr 2024	373.35	371.50 to 380.85	-2.01%	0.34 times

Technical analysis forecast of Chambal Fertilizers & Chemicals 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 Chambal Fertilizers & Chemicals Limited CHAMBLFERT at this time. Stock is rising and might rise more.

It appears as if Chambal Fertilizers & Chemicals Limited CHAMBLFERT gave a large move recently.

Stock of Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) 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!

Although my analysis for Chambal Fertilizers & Chemicals Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 433.5, for a target of 408.3 or 387.31

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