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Stock analysis Manappuram Finance Limited MANAPPURAM

More indepth analysis on MunafaSutra.com

Moving Averages for Manappuram Finance Limited

  • 5Day Average: 178.57
  • 12Day Average: 183.62
  • 20Day Average: 183.11
  • 50Day Average: 170.05
  • 100Day Average: 181.01
  • 150Day Average: 189.66
  • 200Day Average: 188.24

MANAPPURAM Indicators & signals

Indicator MACD (12,26,9)

180.84, 179.25, 3.76
Indicator MACD is in positive zone

Indicator ADX (14)

9.88, 18.46, 22.5
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of MANAPPURAM Manappuram Finance Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Mon Jan 2025 171.46 170.06 to 180.99 -4.91% 0.64 times
10 Fri Jan 2025 180.32 174.51 to 184.50 0.74% 1.28 times
09 Thu Jan 2025 179.00 178.20 to 191.50 -0.54% 3.65 times
08 Wed Jan 2025 179.98 177.03 to 184.90 -1.16% 0.42 times
07 Tue Jan 2025 182.09 179.06 to 184.20 1.57% 0.38 times
06 Mon Jan 2025 179.27 178.00 to 188.69 -4.5% 0.73 times
03 Fri Jan 2025 187.72 186.71 to 192.20 -1.63% 0.4 times
02 Thu Jan 2025 190.84 190.00 to 192.90 -0.38% 0.38 times
01 Wed Jan 2025 191.57 188.00 to 192.69 1.66% 0.57 times
31 Tue Dec 2024 188.45 185.31 to 189.90 -0.33% 0.52 times
30 Mon Dec 2024 189.08 183.54 to 193.37 2.97% 1.66 times
27 Fri Dec 2024 183.62 180.80 to 184.88 -0.36% 0.72 times

Technical analysis forecast for Manappuram Finance 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 Manappuram Finance Limited MANAPPURAM at this time. Stock is falling and might fall more.

It appears as if Manappuram Finance Limited MANAPPURAM gave a large move recently.

Stock of Manappuram Finance Limited (MANAPPURAM) 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.

Although my analysis for Manappuram Finance Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 169.7, for a target of 175.5 or 180.31

More indepth analysis on MunafaSutra.com