Stock analysis Den Networks Limited DEN
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Recent prices of DEN Den Networks Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Tue Oct 2024 | 51.17 | 49.78 to 51.27 | 2.38% | 0.54 times |
| 07 Mon Oct 2024 | 49.98 | 49.51 to 52.51 | -3.74% | 0.94 times |
| 04 Fri Oct 2024 | 51.92 | 51.69 to 53.09 | -1.61% | 0.86 times |
| 03 Thu Oct 2024 | 52.77 | 52.50 to 54.70 | -3.83% | 1.07 times |
| 01 Tue Oct 2024 | 54.87 | 52.45 to 55.43 | 3.92% | 1.95 times |
| 30 Mon Sep 2024 | 52.80 | 52.05 to 53.35 | -0.38% | 0.57 times |
| 27 Fri Sep 2024 | 53.00 | 52.81 to 54.29 | -1.52% | 0.67 times |
| 26 Thu Sep 2024 | 53.82 | 52.65 to 54.76 | 1.64% | 1.35 times |
| 25 Wed Sep 2024 | 52.95 | 52.35 to 53.45 | -0.6% | 0.74 times |
| 24 Tue Sep 2024 | 53.27 | 52.90 to 55.43 | -2.11% | 0.96 times |
| 23 Mon Sep 2024 | 54.42 | 53.91 to 54.94 | -0.4% | 0.89 times |
| 20 Fri Sep 2024 | 54.64 | 52.99 to 56.50 | 3.58% | 2.39 times |
Technical analysis forecast for Den Networks 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 Den Networks Limited DEN at this time. Stock is falling and might fall more.
It appears as if Den Networks Limited DEN gave a large move recently.
Stock of Den Networks Limited (DEN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Den Networks Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51 as stoploss in an intra day buy trade for a target of 52.66. However, stock will show a bearish move below 51.