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Stock analysis Cambridge Technology Enterprises Limited CTE

More indepth analysis on MunafaSutra.com

Moving Averages for Cambridge Technology Enterprises Limited

  • 5Day Average: 115.86
  • 12Day Average: 108.78
  • 20Day Average: 103.32
  • 50Day Average: 88.85
  • 100Day Average: 79.74
  • 150Day Average: 74.16
  • 200Day Average: 68.53

CTE Indicators & signals

Indicator MACD (12,26,9)

110, 101.43, 7.16
Indicator MACD is in positive zone

Indicator ADX (14)

50.29, 31.42, 10.39
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CTE Cambridge Technology Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Thu Mar 2024 120.65 118.40 to 129.00 -2.39% 1.77 times
06 Wed Mar 2024 123.60 110.00 to 125.80 6.23% 1.89 times
05 Tue Mar 2024 116.35 105.55 to 120.50 8.64% 2.52 times
04 Mon Mar 2024 107.10 105.65 to 114.00 -4.03% 0.42 times
02 Sat Mar 2024 111.60 110.15 to 114.30 2.43% 0.33 times
01 Fri Mar 2024 108.95 102.00 to 112.10 7.08% 1.86 times
29 Thu Feb 2024 101.75 101.00 to 103.80 0.64% 0.14 times
28 Wed Feb 2024 101.10 100.50 to 108.00 -0.64% 0.58 times
27 Tue Feb 2024 101.75 100.80 to 107.70 -4.91% 0.41 times
26 Mon Feb 2024 107.00 105.70 to 110.70 2.29% 0.99 times
23 Fri Feb 2024 104.60 99.30 to 106.00 3.62% 0.86 times
22 Thu Feb 2024 100.95 98.60 to 103.45 1.05% 0.29 times

Technical analysis forecast of Cambridge Technology Enterprises 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 Cambridge Technology Enterprises Limited CTE at this time. Stock is rising and might rise more.

It appears as if Cambridge Technology Enterprises Limited CTE gave a large move recently.

Stock of Cambridge Technology Enterprises Limited (CTE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Cambridge Technology Enterprises Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Cambridge Technology Enterprises Limited stays above 115.5, but if it comes below 115.5, then a intra day sell could be more profitable.
If you take a sell trade below 115.5, then use 115.5 as stoploss and 104.62 as target. However if you take a buy trade in Cambridge Technology Enterprises Limited, then use 115.5 as stoploss and 128.6 as target.

More indepth analysis on MunafaSutra.com