Stock analysis Den Networks Limited DEN
More indepth analysis on MunafaSutra.com
Recent prices of DEN Den Networks Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 51.40 | 51.00 to 53.15 | -2.56% | 0.97 times |
| 29 Mon Apr 2024 | 52.75 | 52.60 to 53.65 | -0.66% | 0.41 times |
| 26 Fri Apr 2024 | 53.10 | 52.70 to 54.30 | -0.09% | 0.73 times |
| 25 Thu Apr 2024 | 53.15 | 53.00 to 54.50 | -1.21% | 0.85 times |
| 24 Wed Apr 2024 | 53.80 | 52.75 to 54.55 | 1.99% | 1.48 times |
| 23 Tue Apr 2024 | 52.75 | 50.50 to 53.55 | 4.87% | 2.23 times |
| 22 Mon Apr 2024 | 50.30 | 49.80 to 50.70 | 1.31% | 0.68 times |
| 19 Fri Apr 2024 | 49.65 | 49.00 to 50.90 | -2.55% | 0.9 times |
| 18 Thu Apr 2024 | 50.95 | 50.75 to 52.90 | 1.29% | 1 times |
| 16 Tue Apr 2024 | 50.30 | 49.00 to 51.30 | 1.31% | 0.9 times |
| 15 Mon Apr 2024 | 49.65 | 48.75 to 50.60 | -3.03% | 0.83 times |
| 12 Fri Apr 2024 | 51.20 | 50.45 to 54.20 | -2.48% | 0.79 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, and stock might move down till 50.6 or till 49.1. Use a stoploss of 51.92 and if the stock hits stoploss, then it can shoot up till 53.21