Stock analysis Coromandel International Limited COROMANDEL

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Moving Averages for Coromandel International Limited

5Day Average: 1780.42
12Day Average: 1751.82
20Day Average: 1713.38
50Day Average: 1670.74
100Day Average: 1674.76
150Day Average: 1574.12
200Day Average: 1455.31

COROMANDEL Indicators & signals

Indicator MACD (12,26,9)

1747.2, 1712.26, 27.59
Indicator MACD is in positive zone

Indicator ADX (14)

17.3, 26.37, 18.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of COROMANDEL Coromandel International Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
26 Tue Nov 2024	1767.60	1760.05 to 1809.95	-1.55%	0.73 times
25 Mon Nov 2024	1795.45	1789.00 to 1839.00	-0.61%	1.43 times
22 Fri Nov 2024	1806.45	1768.00 to 1815.00	2.17%	1.41 times
21 Thu Nov 2024	1768.00	1735.00 to 1790.10	0.19%	1.08 times
19 Tue Nov 2024	1764.60	1724.55 to 1775.70	2.53%	0.59 times
18 Mon Nov 2024	1721.10	1695.05 to 1743.95	0.3%	0.92 times
14 Thu Nov 2024	1715.95	1665.20 to 1725.00	1.84%	1.46 times
13 Wed Nov 2024	1684.95	1675.55 to 1730.95	-2.63%	0.57 times
12 Tue Nov 2024	1730.50	1720.00 to 1756.60	-0.39%	0.88 times
11 Mon Nov 2024	1737.25	1706.75 to 1760.35	-0.84%	0.91 times
08 Fri Nov 2024	1752.00	1741.10 to 1784.95	-1.46%	0.76 times
07 Thu Nov 2024	1777.95	1729.10 to 1799.00	3%	2.37 times

Technical analysis forecast of Coromandel International 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 Coromandel International Limited COROMANDEL at this time. Stock is rising and might rise more.

It appears as if Coromandel International Limited COROMANDEL gave a large move recently.

Stock of Coromandel International Limited (COROMANDEL) 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 Coromandel International Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1783.2 as stoploss in an intra day sell trade for a target of 1723.93. However, stock will show a bullish move above 1783.2.

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