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Stock analysis Aro Granite Industries Limited AROGRANITE

More indepth analysis on MunafaSutra.com

Moving Averages for Aro Granite Industries Limited

  • 5Day Average: 55.46
  • 12Day Average: 55.13
  • 20Day Average: 53.31
  • 50Day Average: 48.4
  • 100Day Average: 44.76
  • 150Day Average: 43.64
  • 200Day Average: 44.57

AROGRANITE Indicators & signals

Indicator MACD (12,26,9)

54.59, 52.37, 2.14
Indicator MACD is in positive zone

Indicator ADX (14)

36.42, 28.45, 13.26
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AROGRANITE Aro Granite Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 56.40 55.70 to 60.45 -2.51% 1.58 times
20 Wed Sep 2023 57.85 56.05 to 59.75 0.43% 1.12 times
18 Mon Sep 2023 57.60 53.85 to 60.65 6.96% 2.15 times
15 Fri Sep 2023 53.85 51.90 to 54.80 4.36% 0.28 times
14 Thu Sep 2023 51.60 51.20 to 52.85 0.39% 0.19 times
13 Wed Sep 2023 51.40 49.00 to 54.00 0.88% 0.97 times
12 Tue Sep 2023 50.95 50.20 to 56.55 -7.95% 0.6 times
11 Mon Sep 2023 55.35 54.50 to 58.70 -2.98% 0.71 times
08 Fri Sep 2023 57.05 56.65 to 60.00 -0.87% 1.7 times
07 Thu Sep 2023 57.55 55.50 to 59.30 4.64% 1.85 times
06 Wed Sep 2023 55.00 54.00 to 57.70 -3.51% 0.43 times
05 Tue Sep 2023 57.00 51.55 to 57.85 9.51% 3.86 times

Technical analysis forecast of Aro Granite Industries 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 Aro Granite Industries Limited AROGRANITE at this time. Stock is rising and might rise more.

It appears as if Aro Granite Industries Limited AROGRANITE gave a large move recently.

Stock of Aro Granite Industries Limited (AROGRANITE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Aro Granite Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Aro Granite Industries Limited stays above 56.3, but if it comes below 56.3, then a intra day sell could be more profitable.
If you take a sell trade below 56.3, then use 56.3 as stoploss and 53.27 as target. However if you take a buy trade in Aro Granite Industries Limited, then use 56.3 as stoploss and 60 as target.

More indepth analysis on MunafaSutra.com