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Stock analysis Engineers India Limited ENGINERSIN

More indepth analysis on MunafaSutra.com

Moving Averages for Engineers India Limited

  • 5Day Average: 257.22
  • 12Day Average: 268.91
  • 20Day Average: 267.04
  • 50Day Average: 259.6
  • 100Day Average: 238.24
  • 150Day Average: 229.56
  • 200Day Average: 207.88

ENGINERSIN Indicators & signals

Indicator MACD (12,26,9)

262.6, 262.28, 3.33
Indicator MACD is in positive zone

Indicator ADX (14)

16.15, 16.39, 22.7
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of ENGINERSIN Engineers India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 254.85 254.05 to 259.50 0.14% 0.33 times
25 Thu Jul 2024 254.50 252.10 to 261.40 -0.57% 0.48 times
24 Wed Jul 2024 255.95 254.10 to 265.95 -1.71% 0.71 times
23 Tue Jul 2024 260.40 241.10 to 270.60 0% 1.06 times
23 Tue Jul 2024 260.40 241.10 to 270.60 -3.09% 1.06 times
22 Mon Jul 2024 268.70 256.30 to 273.40 2.62% 0.71 times
19 Fri Jul 2024 261.85 260.35 to 273.00 -2.37% 0.95 times
18 Thu Jul 2024 268.20 267.05 to 283.40 -4.71% 0.83 times
16 Tue Jul 2024 281.45 279.00 to 291.00 -0.34% 0.92 times
15 Mon Jul 2024 282.40 278.20 to 290.70 -1.93% 0.68 times
12 Fri Jul 2024 287.95 286.40 to 303.90 -0.79% 2.61 times
11 Thu Jul 2024 290.25 261.15 to 295.00 10.68% 5.08 times

Technical analysis forecast for Engineers India 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 Engineers India Limited ENGINERSIN at this time. Stock is falling and might fall more.

It appears as if Engineers India Limited ENGINERSIN gave a large move recently.

Stock of Engineers India Limited (ENGINERSIN) 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 Engineers India Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 252.5 as stoploss in an intra day buy trade for a target of 263.12. However, stock will show a bearish move below 252.5.

More indepth analysis on MunafaSutra.com