Stock analysis Dcm Nouvelle Limited DCMNVL

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Moving Averages for Dcm Nouvelle Limited

5Day Average: 207.63
12Day Average: 203.25
20Day Average: 204.31
50Day Average: 196.81
100Day Average: 190.93
150Day Average: 183.74
200Day Average: 177.55

DCMNVL Indicators & signals

Indicator MACD (12,26,9)

205.54, 202.76, 1.72
Indicator MACD is in positive zone

Indicator ADX (14)

21.94, 29.63, 18.97
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DCMNVL Dcm Nouvelle Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
25 Thu Apr 2024	219.30	211.25 to 221.50	1.27%	0.67 times
24 Wed Apr 2024	216.55	205.10 to 224.80	5.87%	2.14 times
23 Tue Apr 2024	204.55	200.00 to 207.90	2.1%	0.37 times
22 Mon Apr 2024	200.35	197.40 to 203.45	1.49%	0.34 times
19 Fri Apr 2024	197.40	190.95 to 199.25	2.23%	0.31 times
18 Thu Apr 2024	193.10	192.00 to 195.75	0.78%	0.13 times
16 Tue Apr 2024	191.60	189.40 to 197.80	-0.73%	0.39 times
15 Mon Apr 2024	193.00	185.60 to 194.70	-0.16%	0.45 times
12 Fri Apr 2024	193.30	191.50 to 199.55	-1.07%	0.56 times
10 Wed Apr 2024	195.40	185.20 to 216.00	-9.24%	5.02 times
09 Tue Apr 2024	215.30	215.05 to 221.75	-1.73%	0.3 times
08 Mon Apr 2024	219.10	217.10 to 228.60	0.16%	0.52 times

Technical analysis forecast of Dcm Nouvelle 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 Dcm Nouvelle Limited DCMNVL at this time. Stock is rising and might rise more.

It appears as if Dcm Nouvelle Limited DCMNVL gave a large move recently.

Stock of Dcm Nouvelle Limited (DCMNVL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Dcm Nouvelle Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dcm Nouvelle Limited stays above 214.2, but if it comes below 214.2, then a intra day sell could be more profitable.
If you take a sell trade below 214.2, then use 214.2 as stoploss and 203.87 as target. However if you take a buy trade in Dcm Nouvelle Limited, then use 214.2 as stoploss and 226.7 as target.

More indepth analysis on MunafaSutra.com