Homepage Active Options Active Stocks

Stock analysis Good Luck Steel Tubes Limited GOODLUCK

More indepth analysis on MunafaSutra.com

Moving Averages for Good Luck Steel Tubes Limited

  • 5Day Average: 942.93
  • 12Day Average: 958.24
  • 20Day Average: 951.61
  • 50Day Average: 1068.32
  • 100Day Average: 1021.33
  • 150Day Average: 979.47
  • 200Day Average: 969.43

GOODLUCK Indicators & signals

Indicator MACD (12,26,9)

956.62, 983.42, -31.81
Indicator MACD is in negative zone

Indicator ADX (14)

6.64, 21.54, 24.6
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GOODLUCK Good Luck Steel Tubes Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 962.30 920.60 to 974.00 3.88% 1.51 times
19 Tue Nov 2024 926.35 918.00 to 953.95 -1.6% 0.55 times
18 Mon Nov 2024 941.45 922.30 to 955.40 0.31% 0.69 times
14 Thu Nov 2024 938.55 924.05 to 959.50 -0.79% 0.76 times
13 Wed Nov 2024 946.00 941.00 to 1006.45 -6.01% 1.23 times
12 Tue Nov 2024 1006.45 990.55 to 1060.00 6.19% 3.93 times
11 Mon Nov 2024 947.80 931.20 to 971.60 -2.18% 0.66 times
08 Fri Nov 2024 968.90 963.20 to 994.40 -1.84% 0.48 times
07 Thu Nov 2024 987.10 973.80 to 1004.15 -0.25% 0.7 times
06 Wed Nov 2024 989.55 949.95 to 994.00 4.36% 0.69 times
05 Tue Nov 2024 948.20 936.00 to 955.00 1.28% 0.33 times
04 Mon Nov 2024 936.25 921.80 to 966.40 -2.21% 0.77 times

Technical analysis forecast for Good Luck Steel Tubes 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 Good Luck Steel Tubes Limited GOODLUCK at this time. Stock is falling and might fall more.

It appears as if Good Luck Steel Tubes Limited GOODLUCK gave a large move recently.

Stock of Good Luck Steel Tubes Limited (GOODLUCK) 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 Good Luck Steel Tubes Limited is bearish for shortterm, and stock might move down till 946.1 or till 916.1. Use a stoploss of 971.14 and if the stock hits stoploss, then it can shoot up till 996.14

More indepth analysis on MunafaSutra.com