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Stock analysis Avenue Supermarts Limited DMART

More indepth analysis on MunafaSutra.com

Moving Averages for Avenue Supermarts Limited

  • 5Day Average: 4619.08
  • 12Day Average: 4672.77
  • 20Day Average: 4641.83
  • 50Day Average: 4236.47
  • 100Day Average: 4058.96
  • 150Day Average: 3963
  • 200Day Average: 3894.87

DMART Indicators & signals

Indicator MACD (12,26,9)

4627.24, 4523.5, 147.7
Indicator MACD is in positive zone

Indicator ADX (14)

11.9, 25.6, 20.16
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DMART Avenue Supermarts Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 4603.80 4455.15 to 4650.00 2.68% 1.67 times
29 Mon Apr 2024 4483.80 4450.00 to 4562.45 -1.52% 1.01 times
26 Fri Apr 2024 4553.15 4531.50 to 4719.95 -2.23% 0.67 times
25 Thu Apr 2024 4657.10 4615.15 to 4817.65 -2.93% 1.21 times
24 Wed Apr 2024 4797.55 4778.00 to 4835.70 -0.06% 0.52 times
23 Tue Apr 2024 4800.55 4773.00 to 4890.00 0.89% 1.2 times
22 Mon Apr 2024 4758.00 4692.05 to 4815.95 1.32% 0.68 times
19 Fri Apr 2024 4696.00 4651.10 to 4836.70 1.49% 2.04 times
18 Thu Apr 2024 4627.10 4605.00 to 4694.30 -0.37% 1.09 times
16 Tue Apr 2024 4644.30 4611.35 to 4689.30 -0.91% 0.64 times
15 Mon Apr 2024 4686.80 4620.60 to 4736.55 -1.64% 0.94 times
12 Fri Apr 2024 4765.05 4725.00 to 4806.75 0.23% 1.77 times

Technical analysis forecast of Avenue Supermarts 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 Avenue Supermarts Limited DMART at this time. Stock is rising and might rise more.

It appears as if Avenue Supermarts Limited DMART gave a large move recently.

Stock of Avenue Supermarts Limited (DMART) 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 Avenue Supermarts Limited is bullish for shortterm, and stock might move up till 4687.6 or till 4821.3. Use a stoploss of 4576.24 and if this stock hits its stoploss, then it can fall down till 4464.85

More indepth analysis on MunafaSutra.com