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Stock analysis Dolat Algotech Limited DOLATALGO

More indepth analysis on MunafaSutra.com

Moving Averages for Dolat Algotech Limited

  • 5Day Average: 125.09
  • 12Day Average: 127.87
  • 20Day Average: 130.64
  • 50Day Average: 137.95
  • 100Day Average: 113.61
  • 150Day Average: 99.62
  • 200Day Average: 90.11

DOLATALGO Indicators & signals

Indicator MACD (12,26,9)

128.19, 131.23, -2.4
Indicator MACD is in negative zone

Indicator ADX (14)

36.49, 12.14, 26.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DOLATALGO Dolat Algotech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Jul 2024 125.79 118.36 to 128.00 0% 0.77 times
23 Tue Jul 2024 125.79 118.36 to 128.00 0.38% 0.77 times
22 Mon Jul 2024 125.31 121.50 to 127.95 1.42% 0.53 times
19 Fri Jul 2024 123.55 122.50 to 128.30 -1.17% 0.63 times
18 Thu Jul 2024 125.01 119.93 to 130.76 -3.94% 0.96 times
16 Tue Jul 2024 130.14 129.50 to 134.39 -1.18% 0.51 times
15 Mon Jul 2024 131.70 131.28 to 138.00 -1.24% 0.74 times
12 Fri Jul 2024 133.36 129.65 to 139.77 3.56% 2.78 times
11 Thu Jul 2024 128.77 123.82 to 130.87 3.59% 1.06 times
10 Wed Jul 2024 124.31 119.01 to 128.89 -3.49% 1.3 times
09 Tue Jul 2024 128.80 128.01 to 132.50 -2.35% 0.72 times
08 Mon Jul 2024 131.90 131.30 to 135.80 -0.32% 0.58 times

Technical analysis forecast for Dolat Algotech 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 Dolat Algotech Limited DOLATALGO at this time. Stock is falling and might fall more.

It appears as if Dolat Algotech Limited DOLATALGO gave a large move recently.

Stock of Dolat Algotech Limited (DOLATALGO) 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 Dolat Algotech Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Dolat Algotech Limited stays below 125.8, but if it comes above 125.8, then a intra day buy could be more profitable.
If you take a sell trade below 125.8, then use 125.8 as stoploss and 120.4 as target. However if you take a buy trade in Dolat Algotech Limited, then use 125.8 as stoploss and 130.32 as target.

More indepth analysis on MunafaSutra.com