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Stock analysis Agarwal Industrial Corporation Limited AGARIND

More indepth analysis on MunafaSutra.com

Moving Averages for Agarwal Industrial Corporation Limited

  • 5Day Average: 887.44
  • 12Day Average: 876.64
  • 20Day Average: 860.29
  • 50Day Average: 879.88
  • 100Day Average: 939.55
  • 150Day Average: 928.82
  • 200Day Average: 916.69

AGARIND Indicators & signals

Indicator MACD (12,26,9)

875.26, 869.47, 0.56
Indicator MACD is in positive zone

Indicator ADX (14)

0.59, 18.55, 18.33
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AGARIND Agarwal Industrial Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 868.85 861.00 to 889.80 -1.19% 0.39 times
02 Thu May 2024 879.30 868.35 to 899.40 -0.34% 0.45 times
30 Tue Apr 2024 882.30 877.50 to 918.00 -1.26% 0.41 times
29 Mon Apr 2024 893.60 890.50 to 921.45 -2.14% 0.43 times
26 Fri Apr 2024 913.15 900.00 to 925.50 1.99% 0.5 times
25 Thu Apr 2024 895.35 891.10 to 926.00 -0.53% 0.74 times
24 Wed Apr 2024 900.10 891.00 to 928.70 0.5% 0.67 times
23 Tue Apr 2024 895.65 883.90 to 957.00 -2.14% 2.61 times
22 Mon Apr 2024 915.20 862.30 to 924.90 8.64% 3.15 times
19 Fri Apr 2024 842.40 802.00 to 849.90 3.24% 0.71 times
18 Thu Apr 2024 816.00 811.10 to 832.45 -0.22% 0.32 times
16 Tue Apr 2024 817.80 802.45 to 819.00 1.34% 0.46 times

Technical analysis forecast for Agarwal Industrial Corporation 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 Agarwal Industrial Corporation Limited AGARIND at this time. Stock is falling and might fall more.

It appears as if Agarwal Industrial Corporation Limited AGARIND gave a large move recently.

Stock of Agarwal Industrial Corporation Limited (AGARIND) 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 Agarwal Industrial Corporation Limited is bearish for shortterm, and stock might move down till 835 or till 794. Use a stoploss of 869.17 and if the stock hits stoploss, then it can shoot up till 903.34

More indepth analysis on MunafaSutra.com