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Stock analysis Andhra Paper Limited ANDHRAPAP

More indepth analysis on MunafaSutra.com

Moving Averages for Andhra Paper Limited

  • 5Day Average: 97.04
  • 12Day Average: 99.98
  • 20Day Average: 100.65
  • 50Day Average: 98.61
  • 100Day Average: 219.48
  • 150Day Average: 332.69
  • 200Day Average: 376.59

ANDHRAPAP Indicators & signals

Indicator MACD (12,26,9)

98.78, 100.82, -1.88
Indicator MACD is in negative zone

Indicator ADX (14)

23.26, 15.83, 25.42
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ANDHRAPAP Andhra Paper Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Thu Dec 2024 94.11 93.60 to 97.60 -2.53% 0.61 times
24 Tue Dec 2024 96.55 95.92 to 97.79 -0.78% 0.52 times
23 Mon Dec 2024 97.31 95.88 to 99.12 0.41% 0.49 times
20 Fri Dec 2024 96.91 95.10 to 102.24 -3.39% 0.77 times
19 Thu Dec 2024 100.31 99.00 to 103.78 -1.61% 0.74 times
18 Wed Dec 2024 101.95 100.00 to 104.00 0% 0.79 times
18 Wed Dec 2024 101.95 100.00 to 104.00 -1.13% 0.79 times
17 Tue Dec 2024 103.11 102.41 to 107.90 -2.45% 1.4 times
16 Mon Dec 2024 105.70 99.99 to 107.99 5.71% 3.95 times
13 Fri Dec 2024 99.99 98.24 to 100.45 -0.5% 0.29 times
12 Thu Dec 2024 100.49 99.39 to 101.59 -0.84% 0.26 times
11 Wed Dec 2024 101.34 98.65 to 103.00 0.33% 0.4 times

Technical analysis forecast for Andhra Paper 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 Andhra Paper Limited ANDHRAPAP at this time. Stock is falling and might fall more.

It appears as if Andhra Paper Limited ANDHRAPAP gave a large move recently.

Stock of Andhra Paper Limited (ANDHRAPAP) 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 Andhra Paper 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 93.4, for a target of 96.7 or 99.48

More indepth analysis on MunafaSutra.com