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Stock analysis Ankit Metal & Power Limited ANKITMETAL

More indepth analysis on MunafaSutra.com

Moving Averages for Ankit Metal & Power Limited

  • 5Day Average: 4.26
  • 12Day Average: 4.17
  • 20Day Average: 4.11
  • 50Day Average: 3.96
  • 100Day Average: 4.22
  • 150Day Average: 4.74
  • 200Day Average: 5.05

ANKITMETAL Indicators & signals

Indicator MACD (12,26,9)

4.18, 4.09, 0.07
Indicator MACD is in positive zone

Indicator ADX (14)

0, 29.17, 29.17
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ANKITMETAL Ankit Metal & Power Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 4.25 4.20 to 4.45 -2.3% 1.59 times
29 Mon Apr 2024 4.35 4.10 to 4.35 4.82% 1.04 times
26 Fri Apr 2024 4.15 4.10 to 4.30 -2.35% 0.82 times
25 Thu Apr 2024 4.25 4.10 to 4.30 -1.16% 0.52 times
24 Wed Apr 2024 4.30 4.25 to 4.60 -3.37% 2.32 times
23 Tue Apr 2024 4.45 4.10 to 4.45 4.71% 2.16 times
22 Mon Apr 2024 4.25 4.15 to 4.25 4.94% 1.23 times
19 Fri Apr 2024 4.05 3.95 to 4.10 1.25% 0.42 times
18 Thu Apr 2024 4.00 3.95 to 4.05 0% 0.39 times
16 Tue Apr 2024 4.00 3.95 to 4.05 0% 0.36 times
15 Mon Apr 2024 4.00 3.85 to 4.15 0% 0.75 times
12 Fri Apr 2024 4.00 3.95 to 4.15 -1.23% 0.55 times

Technical analysis forecast of Ankit Metal & Power 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 Ankit Metal & Power Limited ANKITMETAL at this time. Stock is rising and might rise more.

It appears as if Ankit Metal & Power Limited ANKITMETAL gave a large move recently.

Stock of Ankit Metal & Power Limited (ANKITMETAL) 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 Ankit Metal & Power Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4.3 as stoploss in an intra day sell trade for a target of 4.12. However, stock will show a bullish move above 4.3.

More indepth analysis on MunafaSutra.com