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Stock analysis Ajax Engineering Limited AJAXENGG

More indepth analysis on MunafaSutra.com

Moving Averages for Ajax Engineering Limited

  • 5Day Average: 671.86
  • 12Day Average: 685.11
  • 20Day Average: 681.61
  • 50Day Average: 653.68

AJAXENGG Indicators & signals

Indicator MACD (12,26,9)

675.62, 673.06, 8.87
Indicator MACD is in positive zone

Indicator ADX (14)

13.51, 19.75, 25.92
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AJAXENGG Ajax Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Thu May 2025 651.25 650.00 to 680.00 -1.21% 0.81 times
28 Wed May 2025 659.25 656.00 to 680.00 -3.89% 2.37 times
27 Tue May 2025 685.90 678.85 to 695.00 0.76% 0.47 times
26 Mon May 2025 680.75 678.00 to 692.05 -0.21% 0.37 times
23 Fri May 2025 682.15 660.60 to 693.85 2.05% 0.8 times
22 Thu May 2025 668.45 663.70 to 682.40 0.02% 0.34 times
21 Wed May 2025 668.30 667.10 to 683.10 -0.78% 0.42 times
20 Tue May 2025 673.55 671.30 to 706.90 -3.48% 0.78 times
19 Mon May 2025 697.80 673.00 to 704.75 3.89% 1.16 times
16 Fri May 2025 671.65 668.15 to 747.80 -9.52% 2.13 times
15 Thu May 2025 742.30 732.60 to 754.95 0.31% 1.17 times
14 Wed May 2025 740.00 722.80 to 756.20 1.25% 2.09 times

Technical analysis forecast for Ajax Engineering 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 Ajax Engineering Limited AJAXENGG at this time. Stock is falling and might fall more.

It appears as if Ajax Engineering Limited AJAXENGG gave a large move recently.

Stock of Ajax Engineering Limited (AJAXENGG) 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 Ajax Engineering Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 649.4 as stoploss in an intra day buy trade for a target of 675.8. However, stock will show a bearish move below 649.4.

More indepth analysis on MunafaSutra.com