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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: 248.25
  • 12Day Average: 253.6
  • 20Day Average: 250.44
  • 50Day Average: 239.58
  • 100Day Average: 229.68
  • 150Day Average: 218.81
  • 200Day Average: 225.92

ASAHISONG Indicators & signals

Indicator MACD (12,26,9)

250.47, 247.21, 4.36
Indicator MACD is in positive zone

Indicator ADX (14)

27.41, 27.5, 15.67
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
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
04 Wed Oct 2023 254.60 245.00 to 259.20 1.47% 0.11 times
03 Tue Oct 2023 250.90 241.65 to 254.90 3.34% 0.18 times
29 Fri Sep 2023 242.80 241.30 to 247.95 -1.6% 0.2 times
28 Thu Sep 2023 246.75 245.15 to 248.95 0.22% 0.06 times
27 Wed Sep 2023 246.20 245.50 to 251.80 -1.18% 0.1 times
26 Tue Sep 2023 249.15 247.75 to 257.40 -1.83% 0.13 times
25 Mon Sep 2023 253.80 250.05 to 255.45 0.51% 0.12 times
22 Fri Sep 2023 252.50 251.00 to 264.00 -2.21% 0.66 times
21 Thu Sep 2023 258.20 255.30 to 264.70 -2.01% 0.37 times
20 Wed Sep 2023 263.50 260.35 to 267.00 -2.1% 0.34 times
18 Mon Sep 2023 269.15 250.00 to 289.50 5.26% 7.84 times
15 Fri Sep 2023 255.70 251.10 to 261.00 1.21% 0.28 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, 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 Asahi Songwon Colors Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 259.5 as stoploss in an intra day sell trade for a target of 248.78. However, stock will show a bullish move above 259.5.

More indepth analysis on MunafaSutra.com