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Stock analysis Alicon Castalloy Limited ALICON

More indepth analysis on MunafaSutra.com

Moving Averages for Alicon Castalloy Limited

  • 5Day Average: 942.47
  • 12Day Average: 911.8
  • 20Day Average: 895.39
  • 50Day Average: 885.28
  • 100Day Average: 896.44
  • 150Day Average: 877.58
  • 200Day Average: 870.75

ALICON Indicators & signals

Indicator MACD (12,26,9)

918.01, 897.71, 11.95
Indicator MACD is in positive zone

Indicator ADX (14)

50.73, 27.33, 8.93
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ALICON Alicon Castalloy Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 942.15 936.00 to 964.25 -1.32% 0.86 times
29 Mon Apr 2024 954.75 935.20 to 980.00 1.85% 1.14 times
26 Fri Apr 2024 937.45 919.05 to 955.10 -0.79% 1.09 times
25 Thu Apr 2024 944.90 914.05 to 953.10 1.26% 0.94 times
24 Wed Apr 2024 933.10 910.00 to 942.25 1.65% 1.01 times
23 Tue Apr 2024 917.95 908.00 to 929.00 0.63% 1.16 times
22 Mon Apr 2024 912.20 877.05 to 919.80 2.37% 1.25 times
19 Fri Apr 2024 891.05 867.05 to 895.95 0.1% 0.74 times
18 Thu Apr 2024 890.15 862.25 to 895.75 3.44% 0.98 times
16 Tue Apr 2024 860.55 858.25 to 872.00 -0.14% 0.63 times
15 Mon Apr 2024 861.75 849.90 to 879.95 -3.78% 1.06 times
12 Fri Apr 2024 895.60 885.00 to 901.15 0.12% 0.67 times

Technical analysis forecast of Alicon Castalloy Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Alicon Castalloy Limited ALICON at this time. Stock is rising and might rise more.

It appears as if Alicon Castalloy Limited ALICON gave a large move recently.

Stock of Alicon Castalloy Limited (ALICON) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Alicon Castalloy Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Alicon Castalloy Limited stays above 935.3, but if it comes below 935.3, then a intra day sell could be more profitable.
If you take a sell trade below 935.3, then use 935.3 as stoploss and 903.27 as target. However if you take a buy trade in Alicon Castalloy Limited, then use 935.3 as stoploss and 973.7 as target.

More indepth analysis on MunafaSutra.com