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Stock analysis Asian Paints Limited ASIANPAINT

More indepth analysis on MunafaSutra.com

Moving Averages for Asian Paints Limited

  • 5Day Average: 2249.44
  • 12Day Average: 2274.2
  • 20Day Average: 2282.24
  • 50Day Average: 2364.14
  • 100Day Average: 2739.11
  • 150Day Average: 2832.33
  • 200Day Average: 2842.67

ASIANPAINT Indicators & signals

Indicator MACD (12,26,9)

2269.5, 2309.08, -46.36
Indicator MACD is in negative zone

Indicator ADX (14)

12.91, 18.59, 24.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASIANPAINT Asian Paints Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 2260.35 2255.00 to 2315.00 -0.89% 1.14 times
20 Mon Jan 2025 2280.55 2251.00 to 2286.90 0.86% 0.45 times
17 Fri Jan 2025 2261.00 2212.50 to 2269.05 2.05% 0.71 times
16 Thu Jan 2025 2215.60 2207.80 to 2239.85 -0.63% 1.56 times
15 Wed Jan 2025 2229.70 2220.00 to 2253.75 -0.46% 1.06 times
14 Tue Jan 2025 2239.95 2237.00 to 2286.35 -0.56% 1.06 times
13 Mon Jan 2025 2252.65 2246.40 to 2301.90 0% 0.95 times
13 Mon Jan 2025 2252.65 2246.40 to 2301.90 -2.93% 0.95 times
10 Fri Jan 2025 2320.75 2316.00 to 2348.90 -1.25% 0.98 times
09 Thu Jan 2025 2350.20 2321.30 to 2361.40 0.68% 1.1 times
08 Wed Jan 2025 2334.35 2272.70 to 2338.00 1.82% 1.16 times
07 Tue Jan 2025 2292.60 2272.00 to 2316.00 1.12% 0.6 times

Technical analysis forecast for Asian Paints 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 Asian Paints Limited ASIANPAINT at this time. Stock is falling and might fall more.

It appears as if Asian Paints Limited ASIANPAINT gave a large move recently.

Stock of Asian Paints Limited (ASIANPAINT) 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...

My analysis of Asian Paints Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2251.2 as stoploss in an intra day buy trade for a target of 2288.89. However, stock will show a bearish move below 2251.2.

More indepth analysis on MunafaSutra.com