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Stock analysis Deccan Cements Limited DECCANCE

More indepth analysis on MunafaSutra.com

Moving Averages for Deccan Cements Limited

  • 5Day Average: 570.88
  • 12Day Average: 588.58
  • 20Day Average: 583.06
  • 50Day Average: 600.46
  • 100Day Average: 629.73
  • 150Day Average: 631.51
  • 200Day Average: 626.82

DECCANCE Indicators & signals

Indicator MACD (12,26,9)

581.52, 588.66, -5.66
Indicator MACD is in negative zone

Indicator ADX (14)

12.47, 19.69, 25.3
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DECCANCE Deccan Cements Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 570.90 560.95 to 580.00 0.11% 0.54 times
21 Thu Nov 2024 570.30 565.00 to 580.00 -1.14% 0.12 times
19 Tue Nov 2024 576.85 566.65 to 592.20 1.99% 0.38 times
18 Mon Nov 2024 565.60 549.80 to 573.75 -0.9% 0.89 times
14 Thu Nov 2024 570.75 563.00 to 583.60 -2.15% 1.75 times
13 Wed Nov 2024 583.30 570.15 to 592.10 -2.73% 1.04 times
12 Tue Nov 2024 599.65 585.15 to 615.00 -2% 1.55 times
11 Mon Nov 2024 611.90 607.00 to 617.30 -0.65% 0.18 times
08 Fri Nov 2024 615.90 605.00 to 624.00 -1.29% 0.5 times
07 Thu Nov 2024 623.95 594.00 to 625.60 5.3% 2.96 times
06 Wed Nov 2024 592.55 581.05 to 594.95 1.94% 0.63 times
05 Tue Nov 2024 581.25 576.80 to 583.75 0.77% 0.23 times

Technical analysis forecast for Deccan Cements 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 Deccan Cements Limited DECCANCE at this time. Stock is falling and might fall more.

It appears as if Deccan Cements Limited DECCANCE gave a large move recently.

Stock of Deccan Cements Limited (DECCANCE) 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 Deccan Cements Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 568.3 as stoploss in an intra day buy trade for a target of 585.68. However, stock will show a bearish move below 568.3.

More indepth analysis on MunafaSutra.com