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Stock analysis Idea Cellular Limited IDEA

More indepth analysis on MunafaSutra.com

Moving Averages for Idea Cellular Limited

  • 5Day Average: 13.53
  • 12Day Average: 13.34
  • 20Day Average: 13.34
  • 50Day Average: 13.92
  • 100Day Average: 14.31
  • 150Day Average: 13.7
  • 200Day Average: 12.46

IDEA Indicators & signals

Indicator MACD (12,26,9)

13.42, 13.46, -0.11
Indicator MACD is in negative zone

Indicator ADX (14)

13.51, 16.33, 21.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of IDEA Idea Cellular Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 13.20 13.15 to 13.55 -1.86% 0.65 times
29 Mon Apr 2024 13.45 13.40 to 14.30 -3.93% 0.91 times
26 Fri Apr 2024 14.00 12.70 to 14.20 0.72% 1.47 times
25 Thu Apr 2024 13.90 11.80 to 14.40 6.11% 1.47 times
24 Wed Apr 2024 13.10 13.00 to 13.95 -9.03% 1.12 times
23 Tue Apr 2024 14.40 12.95 to 14.75 11.63% 1.47 times
22 Mon Apr 2024 12.90 12.10 to 13.05 0% 1.15 times
19 Fri Apr 2024 12.90 12.85 to 13.30 -2.27% 0.49 times
18 Thu Apr 2024 13.20 13.10 to 13.55 1.93% 0.54 times
16 Tue Apr 2024 12.95 12.55 to 13.20 -1.52% 0.83 times
15 Mon Apr 2024 13.15 12.75 to 13.40 1.54% 0.53 times
12 Fri Apr 2024 12.95 12.20 to 13.25 0% 0.78 times

Technical analysis forecast for Idea Cellular 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 Idea Cellular Limited IDEA at this time. Stock is falling and might fall more.

It appears as if Idea Cellular Limited IDEA gave a large move recently.

Stock of Idea Cellular Limited (IDEA) 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 Idea Cellular Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13 as stoploss in an intra day buy trade for a target of 13.41. However, stock will show a bearish move below 13.

More indepth analysis on MunafaSutra.com