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Stock analysis Cummins India Limited CUMMINSIND

More indepth analysis on MunafaSutra.com

Moving Averages for Cummins India Limited

  • 5Day Average: 3201.16
  • 12Day Average: 3110.9
  • 20Day Average: 3072.33
  • 50Day Average: 2869.77
  • 100Day Average: 2477.08
  • 150Day Average: 2233.79
  • 200Day Average: 2127.12

CUMMINSIND Indicators & signals

Indicator MACD (12,26,9)

3131.99, 3024.89, 98.88
Indicator MACD is in positive zone

Indicator ADX (14)

42.19, 29.98, 12.19
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CUMMINSIND Cummins India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 3240.85 3205.00 to 3267.00 0.23% 0.47 times
25 Thu Apr 2024 3233.40 3223.65 to 3270.00 -0.34% 0.67 times
24 Wed Apr 2024 3244.30 3181.55 to 3262.80 2.7% 1.32 times
23 Tue Apr 2024 3159.15 3118.00 to 3188.00 0.99% 0.63 times
22 Mon Apr 2024 3128.10 3039.00 to 3145.00 2.96% 0.73 times
19 Fri Apr 2024 3038.25 3025.80 to 3125.00 -2.75% 0.8 times
18 Thu Apr 2024 3124.05 3090.80 to 3161.15 0.11% 1.3 times
16 Tue Apr 2024 3120.65 3013.50 to 3133.20 2.57% 1.12 times
15 Mon Apr 2024 3042.60 3022.30 to 3078.30 -0.58% 0.86 times
12 Fri Apr 2024 3060.20 3016.30 to 3099.00 1.97% 1.49 times
10 Wed Apr 2024 3000.95 2939.10 to 3007.70 2.13% 1.09 times
09 Tue Apr 2024 2938.35 2929.60 to 2994.35 -1.67% 0.57 times

Technical analysis forecast of Cummins India 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 Cummins India Limited CUMMINSIND at this time. Stock is rising and might rise more.

It appears as if Cummins India Limited CUMMINSIND gave a large move recently.

Stock of Cummins India Limited (CUMMINSIND) 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!

Although my analysis for Cummins India Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3263.9, for a target of 3157.7 or 3069.07

More indepth analysis on MunafaSutra.com