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Stock analysis Chemfab Alkalis Limited CHEMFAB

More indepth analysis on MunafaSutra.com

Moving Averages for Chemfab Alkalis Limited

  • 5Day Average: 973.42
  • 12Day Average: 1016.03
  • 20Day Average: 1044.52
  • 50Day Average: 1034.92
  • 100Day Average: 933.6
  • 150Day Average: 821.88
  • 200Day Average: 759.83

CHEMFAB Indicators & signals

Indicator MACD (12,26,9)

1006.09, 1030.61, -9.88
Indicator MACD is in negative zone

Indicator ADX (14)

22.32, 12.73, 20.04
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CHEMFAB Chemfab Alkalis Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 957.90 949.95 to 986.00 -0.95% 0.37 times
18 Mon Nov 2024 967.10 955.50 to 999.00 -1.43% 0.31 times
14 Thu Nov 2024 981.15 957.00 to 994.00 1.09% 0.38 times
13 Wed Nov 2024 970.55 957.60 to 1025.00 -2% 0.82 times
12 Tue Nov 2024 990.40 978.00 to 1034.60 -0.97% 0.41 times
11 Mon Nov 2024 1000.10 981.05 to 1019.75 -1.43% 0.47 times
08 Fri Nov 2024 1014.65 1010.10 to 1050.00 -0.74% 0.3 times
07 Thu Nov 2024 1022.25 1015.05 to 1049.00 -0.81% 0.37 times
06 Wed Nov 2024 1030.55 1005.05 to 1044.10 1.59% 0.79 times
05 Tue Nov 2024 1014.45 1000.00 to 1070.00 -8.65% 5.75 times
04 Mon Nov 2024 1110.45 1090.00 to 1130.00 -1.98% 0.4 times
01 Fri Nov 2024 1132.85 1100.00 to 1150.00 4.67% 0.42 times

Technical analysis forecast for Chemfab Alkalis 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 Chemfab Alkalis Limited CHEMFAB at this time. Stock is falling and might fall more.

It appears as if Chemfab Alkalis Limited CHEMFAB gave a large move recently.

Stock of Chemfab Alkalis Limited (CHEMFAB) 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 Chemfab Alkalis Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Chemfab Alkalis Limited stays below 971.3, but if it comes above 971.3, then a intra day buy could be more profitable.
If you take a sell trade below 971.3, then use 971.3 as stoploss and 906.2 as target. However if you take a buy trade in Chemfab Alkalis Limited, then use 971.3 as stoploss and 1025.52 as target.

More indepth analysis on MunafaSutra.com