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Stock analysis Atam Valves Limited ATAM

More indepth analysis on MunafaSutra.com

Moving Averages for Atam Valves Limited

  • 5Day Average: 162.06
  • 12Day Average: 162.95
  • 20Day Average: 167.75
  • 50Day Average: 178.42
  • 100Day Average: 179.33
  • 150Day Average: 185.12
  • 200Day Average: 182.27

ATAM Indicators & signals

Indicator MACD (12,26,9)

164.02, 168.58, -4.69
Indicator MACD is in negative zone

Indicator ADX (14)

4.73, 18.36, 16.7
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 ATAM Atam Valves Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Fri Sep 2024 166.47 154.00 to 168.90 4.24% 3.46 times
05 Thu Sep 2024 159.70 157.15 to 162.91 0.88% 0.28 times
04 Wed Sep 2024 158.31 157.77 to 164.00 -3.26% 0.69 times
03 Tue Sep 2024 163.65 162.10 to 168.69 0.9% 0.78 times
02 Mon Sep 2024 162.19 160.60 to 163.34 1.52% 0.21 times
30 Fri Aug 2024 159.76 158.95 to 167.95 -0.33% 1.46 times
29 Thu Aug 2024 160.29 159.60 to 167.85 0% 1.76 times
29 Thu Aug 2024 160.29 159.60 to 167.85 0% 1.76 times
29 Thu Aug 2024 160.29 159.60 to 167.85 -3.25% 1.76 times
28 Wed Aug 2024 165.67 165.05 to 173.50 -2.75% 0.65 times
27 Tue Aug 2024 170.35 165.00 to 175.99 1.13% 0.66 times
26 Mon Aug 2024 168.44 167.50 to 178.70 -0.72% 1.62 times

Technical analysis forecast for Atam Valves 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 Atam Valves Limited ATAM at this time. Stock is falling and might fall more.

It appears as if Atam Valves Limited ATAM gave a large move recently.

Stock of Atam Valves Limited (ATAM) 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 Atam Valves Limited is bearish for shortterm, and stock might move down till 159 or till 149.8. Use a stoploss of 166.76 and if the stock hits stoploss, then it can shoot up till 174.48

More indepth analysis on MunafaSutra.com