Stock analysis Davangere Sugar Company L DAVANGERE
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Recent prices of DAVANGERE Davangere Sugar Company L are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 6.06 | 6.00 to 6.10 | 1.17% | 1.06 times |
| 18 Mon Nov 2024 | 5.99 | 5.95 to 6.18 | -1.32% | 0.68 times |
| 14 Thu Nov 2024 | 6.07 | 5.96 to 6.13 | 1.34% | 0.98 times |
| 13 Wed Nov 2024 | 5.99 | 5.94 to 6.23 | -3.7% | 1.5 times |
| 12 Tue Nov 2024 | 6.22 | 5.62 to 6.59 | -4.6% | 0.81 times |
| 11 Mon Nov 2024 | 6.52 | 6.45 to 6.64 | -0.61% | 0.67 times |
| 08 Fri Nov 2024 | 6.56 | 6.45 to 6.64 | -1.06% | 0.79 times |
| 07 Thu Nov 2024 | 6.63 | 6.58 to 6.73 | -1.49% | 1.15 times |
| 06 Wed Nov 2024 | 6.73 | 6.54 to 6.77 | 2.75% | 1.39 times |
| 05 Tue Nov 2024 | 6.55 | 6.41 to 6.65 | 1.55% | 0.92 times |
| 04 Mon Nov 2024 | 6.45 | 6.36 to 6.82 | -2.86% | 1.12 times |
| 01 Fri Nov 2024 | 6.64 | 6.57 to 6.68 | 2.79% | 0.53 times |
Technical analysis forecast for Davangere Sugar Company L 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 Davangere Sugar Company L DAVANGERE at this time. Stock is falling and might fall more.
It appears as if Davangere Sugar Company L DAVANGERE gave a large move recently.
Stock of Davangere Sugar Company L (DAVANGERE) 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 Davangere Sugar Company L is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Davangere Sugar Company L stays below 6.1, but if it comes above 6.1, then a intra day buy could be more profitable.
If you take a sell trade below 6.1, then use 6.1 as stoploss and 5.8 as target. However if you take a buy trade in Davangere Sugar Company L, then use 6.1 as stoploss and 6.34 as target.