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Stock analysis Akg Exim Limited AKG

More indepth analysis on MunafaSutra.com

Moving Averages for Akg Exim Limited

  • 5Day Average: 19.24
  • 12Day Average: 19.53
  • 20Day Average: 19.93
  • 50Day Average: 21.25
  • 100Day Average: 21.78
  • 150Day Average: 21.26
  • 200Day Average: 21.63

AKG Indicators & signals

Indicator MACD (12,26,9)

19.55, 20.15, -0.54
Indicator MACD is in negative zone

Indicator ADX (14)

30, 14.29, 26.53
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AKG Akg Exim Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Mon Oct 2024 18.73 18.40 to 19.70 -1.16% 1.17 times
18 Fri Oct 2024 18.95 18.89 to 19.37 -0.26% 0.57 times
17 Thu Oct 2024 19.00 18.61 to 19.80 -3.99% 0.95 times
16 Wed Oct 2024 19.79 19.68 to 20.10 0.3% 0.66 times
15 Tue Oct 2024 19.73 19.50 to 20.18 -0.65% 0.72 times
14 Mon Oct 2024 19.86 19.75 to 20.04 -0.15% 0.77 times
11 Fri Oct 2024 19.89 19.76 to 20.20 -0.8% 0.49 times
10 Thu Oct 2024 20.05 19.63 to 20.67 -0.4% 1.43 times
09 Wed Oct 2024 20.13 19.60 to 21.34 3.76% 3.17 times
08 Tue Oct 2024 19.40 19.11 to 19.90 1.46% 0.4 times
07 Mon Oct 2024 19.12 17.90 to 20.17 -2.94% 0.83 times
04 Fri Oct 2024 19.70 19.51 to 20.20 -1.3% 2.08 times

Technical analysis forecast for Akg Exim 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 Akg Exim Limited AKG at this time. Stock is falling and might fall more.

It appears as if Akg Exim Limited AKG gave a large move recently.

Stock of Akg Exim Limited (AKG) 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...

Although my analysis for Akg Exim 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 18.5, for a target of 19.3 or 19.92

More indepth analysis on MunafaSutra.com