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Stock analysis Eurotex Industries and Exports Limited EUROTEXIND

More indepth analysis on MunafaSutra.com

Moving Averages for Eurotex Industries and Exports Limited

  • 5Day Average: 18.48
  • 12Day Average: 16.71
  • 20Day Average: 16.06
  • 50Day Average: 15.22
  • 100Day Average: 14.9
  • 150Day Average: 14.31
  • 200Day Average: 13.48

EUROTEXIND Indicators & signals

Indicator MACD (12,26,9)

17.25, 16.27, 0.56
Indicator MACD is in positive zone

Indicator ADX (14)

53.49, 33, 10
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EUROTEXIND Eurotex Industries and Exports Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Tue Oct 2024 18.71 18.71 to 19.80 -5.03% 0.63 times
07 Mon Oct 2024 19.70 18.87 to 19.81 4.4% 3.74 times
04 Fri Oct 2024 18.87 18.80 to 18.87 4.95% 1.75 times
03 Thu Oct 2024 17.98 17.13 to 17.98 4.96% 0.71 times
01 Tue Oct 2024 17.13 15.55 to 17.13 4.96% 1.18 times
30 Mon Sep 2024 16.32 15.54 to 16.32 4.95% 0.99 times
27 Fri Sep 2024 15.55 14.85 to 16.08 -0.51% 0.39 times
26 Thu Sep 2024 15.63 14.74 to 15.63 4.9% 0.16 times
25 Wed Sep 2024 14.90 14.75 to 15.39 -3.99% 0.17 times
24 Tue Sep 2024 15.52 15.50 to 15.66 4.02% 0.85 times
23 Mon Sep 2024 14.92 14.91 to 15.82 -2.04% 0.06 times
20 Fri Sep 2024 15.23 14.91 to 15.88 -1.23% 0.3 times

Technical analysis forecast of Eurotex Industries and Exports 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 Eurotex Industries and Exports Limited EUROTEXIND at this time. Stock is rising and might rise more.

It appears as if Eurotex Industries and Exports Limited EUROTEXIND gave a large move recently.

Stock of Eurotex Industries and Exports Limited (EUROTEXIND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Eurotex Industries and Exports Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eurotex Industries and Exports Limited stays above 18.1, but if it comes below 18.1, then a intra day sell could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and 16.57 as target. However if you take a buy trade in Eurotex Industries and Exports Limited, then use 18.1 as stoploss and 19.9 as target.

More indepth analysis on MunafaSutra.com