Stock analysis GM Breweries Limited GMBREW
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Recent prices of GMBREW GM Breweries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 16 Tue Apr 2024 | 756.45 | 751.95 to 762.60 | 0.35% | 0.13 times |
| 15 Mon Apr 2024 | 753.80 | 734.55 to 765.15 | -2.14% | 0.25 times |
| 12 Fri Apr 2024 | 770.25 | 765.00 to 799.25 | 0.38% | 0.52 times |
| 10 Wed Apr 2024 | 767.30 | 743.00 to 784.00 | 2.02% | 0.4 times |
| 09 Tue Apr 2024 | 752.10 | 744.85 to 762.25 | -0.7% | 0.15 times |
| 08 Mon Apr 2024 | 757.40 | 751.65 to 770.00 | -0.2% | 0.23 times |
| 05 Fri Apr 2024 | 758.90 | 743.55 to 768.00 | 2.09% | 0.71 times |
| 04 Thu Apr 2024 | 743.40 | 733.20 to 814.75 | -4.93% | 4.42 times |
| 03 Wed Apr 2024 | 781.95 | 749.95 to 784.95 | 4.08% | 0.93 times |
| 02 Tue Apr 2024 | 751.30 | 724.40 to 755.00 | 5.05% | 0.82 times |
| 01 Mon Apr 2024 | 715.20 | 645.00 to 722.70 | 12.81% | 1.58 times |
| 28 Thu Mar 2024 | 634.00 | 630.10 to 649.40 | -0.96% | 0.08 times |
Technical analysis forecast of GM Breweries 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 GM Breweries Limited GMBREW at this time. Stock is rising and might rise more.
It appears as if GM Breweries Limited GMBREW gave a large move recently.
Stock of GM Breweries Limited (GMBREW) 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 GM Breweries Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 777.5 as stoploss in an intra day sell trade for a target of 714.62. However, stock will show a bullish move above 777.5.