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Stock analysis Gujarat Lease Financing Limited GLFL

More indepth analysis on MunafaSutra.com

Moving Averages for Gujarat Lease Financing Limited

  • 5Day Average: 6.18
  • 12Day Average: 5.49
  • 20Day Average: 5.15
  • 50Day Average: 4.53
  • 100Day Average: 4.11
  • 150Day Average: 3.74
  • 200Day Average: 3.47

GLFL Indicators & signals

Indicator MACD (12,26,9)

5.68, 5.18, 0.34
Indicator MACD is in positive zone

Indicator ADX (14)

39.13, 76.19, 33.33
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GLFL Gujarat Lease Financing Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Fri Jan 2024 6.75 6.75 to 6.75 4.65% 0.47 times
11 Thu Jan 2024 6.45 6.45 to 6.45 4.88% 0.85 times
10 Wed Jan 2024 6.15 6.15 to 6.15 4.24% 1.83 times
09 Tue Jan 2024 5.90 5.90 to 5.90 4.42% 2.72 times
08 Mon Jan 2024 5.65 5.40 to 5.65 4.63% 0.78 times
05 Fri Jan 2024 5.40 5.40 to 5.40 4.85% 1.2 times
04 Thu Jan 2024 5.15 5.00 to 5.15 4.04% 0.98 times
03 Wed Jan 2024 4.95 4.95 to 5.15 0% 0.51 times
02 Tue Jan 2024 4.95 4.95 to 5.00 -1% 0.25 times
01 Mon Jan 2024 5.00 5.00 to 5.00 4.17% 0.61 times
29 Fri Dec 2023 4.80 4.75 to 4.80 1.05% 0.25 times
28 Thu Dec 2023 4.75 4.75 to 4.75 4.4% 0.13 times

Technical analysis forecast of Gujarat Lease Financing 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 Gujarat Lease Financing Limited GLFL at this time. Stock is rising and might rise more.

It appears as if Gujarat Lease Financing Limited GLFL gave a large move recently.

Stock of Gujarat Lease Financing Limited (GLFL) 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!

Although my analysis for Gujarat Lease Financing Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.8, for a target of 6 or 5.34

More indepth analysis on MunafaSutra.com