Stock analysis D P Wires Limited DPWIRES

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Moving Averages for D P Wires Limited

5Day Average: 323.88
12Day Average: 324.98
20Day Average: 331.54
50Day Average: 358.23
100Day Average: 384.61
150Day Average: 401.16
200Day Average: 422.08

DPWIRES Indicators & signals

Indicator MACD (12,26,9)

326.53, 338.17, -12.62
Indicator MACD is in negative zone

Indicator ADX (14)

33.6, 13.62, 27.4
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DPWIRES D P Wires Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
21 Tue Jan 2025	319.80	314.00 to 331.90	-2.01%	1.78 times
20 Mon Jan 2025	326.35	321.20 to 329.90	1.37%	0.7 times
17 Fri Jan 2025	321.95	320.05 to 329.25	-1.48%	0.91 times
16 Thu Jan 2025	326.80	325.00 to 330.70	0.71%	0.62 times
15 Wed Jan 2025	324.50	317.55 to 329.25	1.45%	0.89 times
14 Tue Jan 2025	319.85	314.75 to 322.00	2.14%	0.52 times
13 Mon Jan 2025	313.15	308.00 to 327.40	0%	0.97 times
13 Mon Jan 2025	313.15	308.00 to 327.40	-4.47%	0.97 times
10 Fri Jan 2025	327.80	325.00 to 334.95	-1.55%	0.55 times
09 Thu Jan 2025	332.95	331.00 to 342.65	-2.46%	0.72 times
08 Wed Jan 2025	341.35	329.90 to 347.95	2.8%	3.14 times
07 Tue Jan 2025	332.05	328.55 to 333.45	0.9%	0.87 times

Technical analysis forecast for D P Wires 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 D P Wires Limited DPWIRES at this time. Stock is falling and might fall more.

It appears as if D P Wires Limited DPWIRES gave a large move recently.

Stock of D P Wires Limited (DPWIRES) 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 D P Wires Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if D P Wires Limited stays below 321.7, but if it comes above 321.7, then a intra day buy could be more profitable.
If you take a sell trade below 321.7, then use 321.7 as stoploss and 308 as target. However if you take a buy trade in D P Wires Limited, then use 321.7 as stoploss and 333.16 as target.

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