Homepage Active Options Active Stocks

Stock analysis Dhampur Sugar Mills Limited DHAMPURSUG

More indepth analysis on MunafaSutra.com

Moving Averages for Dhampur Sugar Mills Limited

  • 5Day Average: 224.9
  • 12Day Average: 228.49
  • 20Day Average: 223.35
  • 50Day Average: 234.84
  • 100Day Average: 247.32
  • 150Day Average: 258.99
  • 200Day Average: 261.63

DHAMPURSUG Indicators & signals

Indicator MACD (12,26,9)

225.92, 227.76, -2.42
Indicator MACD is in negative zone

Indicator ADX (14)

25.64, 16.76, 28.32
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DHAMPURSUG Dhampur Sugar Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 222.65 216.60 to 223.40 0.04% 0.53 times
18 Thu Apr 2024 222.55 221.90 to 227.10 -0.36% 0.63 times
16 Tue Apr 2024 223.35 221.80 to 225.35 -0.62% 0.6 times
15 Mon Apr 2024 224.75 221.30 to 228.60 -2.79% 0.91 times
12 Fri Apr 2024 231.20 230.60 to 238.00 -2.24% 0.79 times
10 Wed Apr 2024 236.50 233.50 to 238.55 0.79% 1.72 times
09 Tue Apr 2024 234.65 226.30 to 236.90 1.84% 1.67 times
08 Mon Apr 2024 230.40 229.10 to 233.75 -0.39% 0.38 times
05 Fri Apr 2024 231.30 227.80 to 233.80 0.22% 0.97 times
04 Thu Apr 2024 230.80 227.15 to 231.70 0.94% 0.84 times
03 Wed Apr 2024 228.65 223.50 to 231.65 1.58% 1.48 times
02 Tue Apr 2024 225.10 218.50 to 226.80 2.18% 1.09 times

Technical analysis forecast for Dhampur Sugar Mills 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 Dhampur Sugar Mills Limited DHAMPURSUG at this time. Stock is falling and might fall more.

It appears as if Dhampur Sugar Mills Limited DHAMPURSUG gave a large move recently.

Stock of Dhampur Sugar Mills Limited (DHAMPURSUG) 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 Dhampur Sugar Mills Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 219 as stoploss in an intra day buy trade for a target of 226.6. However, stock will show a bearish move below 219.

More indepth analysis on MunafaSutra.com