Stock analysis 20 Microns Limited 20MICRONS

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Moving Averages for 20 Microns Limited

5Day Average: 236.24
12Day Average: 266.71
20Day Average: 280.3
50Day Average: 301.98
100Day Average: 257.82
150Day Average: 225.21
200Day Average: 209.34

20MICRONS Indicators & signals

Indicator MACD (12,26,9)

258.65, 277.49, -11.23
Indicator MACD is in negative zone

Indicator ADX (14)

59.05, 7.2, 27.97
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 20MICRONS 20 Microns Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
15 Wed Jan 2025	229.55	227.10 to 238.79	-1.11%	0.53 times
14 Tue Jan 2025	232.13	222.10 to 236.00	3.47%	0.58 times
13 Mon Jan 2025	224.35	220.10 to 244.79	0%	0.99 times
13 Mon Jan 2025	224.35	220.10 to 244.79	-17.15%	0.99 times
08 Tue Oct 2024	270.80	257.60 to 278.25	2.02%	1.46 times
07 Mon Oct 2024	265.45	258.00 to 282.50	-4.05%	1.3 times
04 Fri Oct 2024	276.65	266.75 to 288.25	-2.84%	1.56 times
03 Thu Oct 2024	284.75	283.00 to 298.70	-2.9%	1.05 times
01 Tue Oct 2024	293.25	292.20 to 305.05	-2.17%	0.66 times
30 Mon Sep 2024	299.75	291.70 to 303.95	1.05%	0.67 times
27 Fri Sep 2024	296.65	295.00 to 306.95	-2.03%	0.74 times
26 Thu Sep 2024	302.80	301.50 to 313.80	-2.5%	0.77 times

Technical analysis forecast for 20 Microns 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 20 Microns Limited 20MICRONS at this time. Stock is falling and might fall more.

It appears as if 20 Microns Limited 20MICRONS gave a large move recently.

Stock of 20 Microns Limited (20MICRONS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of 20 Microns Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if 20 Microns Limited stays below 243.3, but if it comes above 243.3, then a intra day buy could be more profitable.
If you take a sell trade below 243.3, then use 243.3 as stoploss and 209 as target. However if you take a buy trade in 20 Microns Limited, then use 243.3 as stoploss and 271.94 as target.

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