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Stock analysis Asahi Songwon Colors Limited ASAHISONG

More indepth analysis on MunafaSutra.com

Moving Averages for Asahi Songwon Colors Limited

  • 5Day Average: 539.39
  • 12Day Average: 528.09
  • 20Day Average: 531.29
  • 50Day Average: 472.43
  • 100Day Average: 417.67
  • 150Day Average: 384.62
  • 200Day Average: 362.78

ASAHISONG Indicators & signals

Indicator MACD (12,26,9)

529.07, 508.71, 22.21
Indicator MACD is in positive zone

Indicator ADX (14)

36.81, 28.83, 13.32
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASAHISONG Asahi Songwon Colors Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Mon Aug 2024 520.90 508.90 to 560.00 -5.19% 1.37 times
23 Fri Aug 2024 549.40 542.90 to 588.95 -3.52% 1.95 times
22 Thu Aug 2024 569.45 528.20 to 581.45 7.73% 2.35 times
21 Wed Aug 2024 528.60 519.00 to 537.00 0% 0.5 times
21 Wed Aug 2024 528.60 519.00 to 537.00 1.85% 0.5 times
20 Tue Aug 2024 519.00 516.00 to 531.50 -1.3% 0.46 times
19 Mon Aug 2024 525.85 519.60 to 537.00 1.16% 0.54 times
16 Fri Aug 2024 519.80 513.50 to 557.85 -3.66% 1.4 times
14 Wed Aug 2024 539.55 504.30 to 548.10 7.93% 1.36 times
13 Tue Aug 2024 499.90 498.10 to 523.80 -2.9% 0.47 times
12 Mon Aug 2024 514.85 510.00 to 535.00 -1.21% 0.48 times
09 Fri Aug 2024 521.15 515.95 to 532.95 1.11% 0.49 times

Technical analysis forecast of Asahi Songwon Colors 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 Asahi Songwon Colors Limited ASAHISONG at this time. Stock is rising and might rise more.

It appears as if Asahi Songwon Colors Limited ASAHISONG gave a large move recently.

Stock of Asahi Songwon Colors Limited (ASAHISONG) 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 Asahi Songwon Colors Limited is bullish for shortterm, and stock might move up till 535.7 or till 557.5. Use a stoploss of 517.59 and if this stock hits its stoploss, then it can fall down till 499.47

More indepth analysis on MunafaSutra.com