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Stock analysis Finolex Industries Limited FINPIPE

More indepth analysis on MunafaSutra.com

Moving Averages for Finolex Industries Limited

  • 5Day Average: 265.82
  • 12Day Average: 284.12
  • 20Day Average: 288.48
  • 50Day Average: 294.91
  • 100Day Average: 301.28
  • 150Day Average: 303.32
  • 200Day Average: 285.03

FINPIPE Indicators & signals

Indicator MACD (12,26,9)

278.38, 287.44, -4.92
Indicator MACD is in negative zone

Indicator ADX (14)

41.24, 13.51, 32.47
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
19 Tue Nov 2024 262.60 261.10 to 267.65 -0.3% 1.42 times
18 Mon Nov 2024 263.40 259.35 to 266.50 -0.43% 1.04 times
14 Thu Nov 2024 264.55 261.00 to 272.95 0.47% 1.02 times
13 Wed Nov 2024 263.30 261.25 to 274.95 -4.34% 1.14 times
12 Tue Nov 2024 275.25 273.10 to 284.90 -2.24% 0.79 times
11 Mon Nov 2024 281.55 280.75 to 288.90 -2.19% 0.68 times
08 Fri Nov 2024 287.85 286.70 to 296.25 -2.88% 0.73 times
07 Thu Nov 2024 296.40 295.05 to 307.50 -2.08% 0.87 times
06 Wed Nov 2024 302.70 301.60 to 308.55 -0.43% 1.07 times
05 Tue Nov 2024 304.00 298.30 to 304.95 0.56% 0.98 times
04 Mon Nov 2024 302.30 299.00 to 311.35 -1.06% 1.68 times
01 Fri Nov 2024 305.55 304.00 to 309.85 0.73% 0.39 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 269.9, but if it comes above 269.9, then a intra day buy could be more profitable.
If you take a sell trade below 269.9, then use 269.9 as stoploss and 252.1 as target. However if you take a buy trade in Finolex Industries Limited, then use 269.9 as stoploss and 284.71 as target.

More indepth analysis on MunafaSutra.com