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Stock analysis Greenpanel Industries Ltd GREENPANEL

More indepth analysis on MunafaSutra.com

Moving Averages for Greenpanel Industries Ltd

  • 5Day Average: 315.96
  • 12Day Average: 317
  • 20Day Average: 320.75
  • 50Day Average: 338.09
  • 100Day Average: 363.46
  • 150Day Average: 360.32
  • 200Day Average: 359.65

GREENPANEL Indicators & signals

Indicator MACD (12,26,9)

317.85, 323.46, -6.78
Indicator MACD is in negative zone

Indicator ADX (14)

19.16, 14.72, 21.7
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GREENPANEL Greenpanel Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 315.80 315.05 to 322.00 -0.27% 0.8 times
29 Mon Apr 2024 316.65 315.80 to 322.00 -0.2% 0.61 times
26 Fri Apr 2024 317.30 315.95 to 322.60 -0.19% 0.58 times
25 Thu Apr 2024 317.90 313.25 to 318.90 1.84% 0.73 times
24 Wed Apr 2024 312.15 310.00 to 325.65 -2.22% 3.13 times
23 Tue Apr 2024 319.25 315.00 to 321.80 0.87% 1.05 times
22 Mon Apr 2024 316.50 315.65 to 320.00 0.05% 0.56 times
19 Fri Apr 2024 316.35 310.95 to 318.70 -0.36% 0.36 times
18 Thu Apr 2024 317.50 315.00 to 325.00 -0.61% 1.72 times
16 Tue Apr 2024 319.45 312.35 to 320.40 1.88% 0.36 times
15 Mon Apr 2024 313.55 309.15 to 322.60 -2.49% 0.91 times
12 Fri Apr 2024 321.55 320.50 to 325.35 -1.17% 0.89 times

Technical analysis forecast for Greenpanel Industries Ltd 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 Greenpanel Industries Ltd GREENPANEL at this time. Stock is falling and might fall more.

It appears as if Greenpanel Industries Ltd GREENPANEL gave a large move recently.

Stock of Greenpanel Industries Ltd (GREENPANEL) 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 Greenpanel Industries Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 315.2 as stoploss in an intra day buy trade for a target of 320.6. However, stock will show a bearish move below 315.2.

More indepth analysis on MunafaSutra.com