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Stock analysis Avantel Limited AVANTEL

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Moving Averages for Avantel Limited

  • 5Day Average: 169.82
  • 12Day Average: 170.7
  • 20Day Average: 173.5

AVANTEL Indicators & signals

Indicator MACD (12,26,9)

171.62, 176.08, -5.04
Indicator MACD is in negative zone

Indicator ADX (14)

0.36, 18.27, 18.13
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AVANTEL Avantel Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Thu Sep 2024 170.27 167.12 to 178.31 -1.36% 0.95 times
18 Wed Sep 2024 172.61 169.91 to 184.00 1.92% 3.24 times
17 Tue Sep 2024 169.36 166.94 to 173.01 0.62% 0.8 times
16 Mon Sep 2024 168.32 167.42 to 172.27 -0.14% 0.72 times
13 Fri Sep 2024 168.55 167.81 to 171.63 -1.23% 0.78 times
12 Thu Sep 2024 170.65 168.27 to 173.79 -0.95% 0.65 times
11 Wed Sep 2024 172.29 170.46 to 175.82 1.28% 0.64 times
10 Tue Sep 2024 170.11 167.51 to 174.95 1.93% 0.68 times
09 Mon Sep 2024 166.89 166.00 to 171.45 -3.19% 0.89 times
06 Fri Sep 2024 172.39 171.25 to 176.48 -1.74% 0.63 times
05 Thu Sep 2024 175.44 172.69 to 177.85 2.3% 0.96 times
04 Wed Sep 2024 171.49 170.31 to 173.65 -1.52% 0.75 times

Technical analysis forecast for Avantel 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 Avantel Limited AVANTEL at this time. Stock is falling and might fall more.

It appears as if Avantel Limited AVANTEL gave a large move recently.

Stock of Avantel Limited (AVANTEL) 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 Avantel Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 169.5 as stoploss in an intra day buy trade for a target of 173.96. However, stock will show a bearish move below 169.5.

More indepth analysis on MunafaSutra.com