Stock analysis Finolex Industries Limited FINPIPE
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Recent prices of FINPIPE Finolex Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Thu Jun 2023 | 165.70 | 165.00 to 171.35 | -0.75% | 1.82 times |
| 07 Wed Jun 2023 | 166.95 | 166.25 to 169.45 | -0.03% | 1.3 times |
| 06 Tue Jun 2023 | 167.00 | 166.60 to 172.35 | -2.22% | 1.33 times |
| 05 Mon Jun 2023 | 170.80 | 170.05 to 173.45 | -0.61% | 1.12 times |
| 02 Fri Jun 2023 | 171.85 | 171.00 to 175.40 | -0.66% | 0.78 times |
| 01 Thu Jun 2023 | 173.00 | 172.50 to 180.95 | -2.78% | 1.15 times |
| 31 Wed May 2023 | 177.95 | 171.40 to 178.95 | 1.92% | 1.3 times |
| 30 Tue May 2023 | 174.60 | 174.00 to 179.60 | -2.38% | 0.67 times |
| 29 Mon May 2023 | 178.85 | 177.00 to 181.70 | -0.61% | 0.76 times |
| 26 Fri May 2023 | 179.95 | 174.40 to 181.50 | 1.29% | 0.93 times |
| 25 Thu May 2023 | 177.65 | 176.25 to 180.20 | -0.39% | 0.65 times |
| 24 Wed May 2023 | 178.35 | 177.80 to 185.45 | -2.03% | 0.97 times |
Technical analysis forecast for Finolex 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 Finolex Industries Limited FINPIPE at this time. Stock is falling and might fall more.
It appears as if Finolex Industries Limited FINPIPE gave a large move recently.
Stock of Finolex Industries Limited (FINPIPE) 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 Finolex Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Finolex Industries Limited stays below 166.8, but if it comes above 166.8, then a intra day buy could be more profitable.
If you take a sell trade below 166.8, then use 166.8 as stoploss and 157.6 as target. However if you take a buy trade in Finolex Industries Limited, then use 166.8 as stoploss and 174.47 as target.