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Stock analysis Everest Industries Limited EVERESTIND

More indepth analysis on MunafaSutra.com

Moving Averages for Everest Industries Limited

  • 5Day Average: 841.99
  • 12Day Average: 955.13
  • 20Day Average: 985.11
  • 50Day Average: 1032.25
  • 100Day Average: 1088.04
  • 150Day Average: 1111.01
  • 200Day Average: 1124.96

EVERESTIND Indicators & signals

Indicator MACD (12,26,9)

915.67, 972.19, -30.18
Indicator MACD is in negative zone

Indicator ADX (14)

50.8, 11.62, 35.62
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EVERESTIND Everest Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 788.35 779.05 to 824.50 -3.36% 0.75 times
19 Tue Nov 2024 815.80 810.00 to 874.95 -3.54% 1.2 times
18 Mon Nov 2024 845.75 837.65 to 894.00 -1.98% 0.8 times
14 Thu Nov 2024 862.85 828.15 to 935.00 -3.83% 2.06 times
13 Wed Nov 2024 897.20 891.00 to 946.30 -3.73% 0.91 times
12 Tue Nov 2024 931.95 930.00 to 977.70 -4.76% 0.92 times
11 Mon Nov 2024 978.55 971.00 to 1004.30 -2.73% 0.42 times
08 Fri Nov 2024 1006.05 992.35 to 1049.80 -2.01% 1.05 times
07 Thu Nov 2024 1026.65 1021.80 to 1062.00 -2.75% 0.42 times
06 Wed Nov 2024 1055.70 1040.00 to 1100.00 -7.63% 1.44 times
05 Tue Nov 2024 1142.85 1070.10 to 1149.90 2.98% 0.79 times
04 Mon Nov 2024 1109.80 1080.50 to 1138.15 -2.7% 0.68 times

Technical analysis forecast for Everest Industries 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 Everest Industries Limited EVERESTIND at this time. Stock is falling and might fall more.

It appears as if Everest Industries Limited EVERESTIND gave a large move recently.

Stock of Everest Industries Limited (EVERESTIND) 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 Everest Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Everest Industries Limited stays below 851.6, but if it comes above 851.6, then a intra day buy could be more profitable.
If you take a sell trade below 851.6, then use 851.6 as stoploss and 728.5 as target. However if you take a buy trade in Everest Industries Limited, then use 851.6 as stoploss and 954.26 as target.

More indepth analysis on MunafaSutra.com