Stock analysis Grob Tea Co GROBTEA
More indepth analysis on MunafaSutra.com
Recent prices of GROBTEA Grob Tea Co are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Thu Sep 2023 | 866.70 | 865.00 to 884.35 | -1.92% | 0.62 times |
| 20 Wed Sep 2023 | 883.65 | 855.10 to 909.90 | 1.5% | 2.36 times |
| 18 Mon Sep 2023 | 870.60 | 870.00 to 890.40 | -2.2% | 0.58 times |
| 15 Fri Sep 2023 | 890.20 | 884.00 to 915.00 | 0.96% | 0.61 times |
| 14 Thu Sep 2023 | 881.75 | 858.15 to 900.00 | 0.79% | 0.95 times |
| 13 Wed Sep 2023 | 874.80 | 860.55 to 888.15 | -0.82% | 0.47 times |
| 12 Tue Sep 2023 | 882.05 | 876.30 to 903.30 | -2.9% | 0.4 times |
| 11 Mon Sep 2023 | 908.35 | 895.50 to 923.95 | 0.09% | 0.8 times |
| 08 Fri Sep 2023 | 907.55 | 899.50 to 914.00 | 1.54% | 0.42 times |
| 07 Thu Sep 2023 | 893.80 | 887.00 to 908.10 | -1.63% | 1.65 times |
| 06 Wed Sep 2023 | 908.60 | 887.00 to 953.90 | -1.42% | 1.76 times |
| 05 Tue Sep 2023 | 921.70 | 918.10 to 957.40 | -2.15% | 0.85 times |
Technical analysis forecast for Grob Tea Co 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 Grob Tea Co GROBTEA at this time. Stock is falling and might fall more.
It appears as if Grob Tea Co GROBTEA gave a large move recently.
Stock of Grob Tea Co (GROBTEA) 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 Grob Tea Co is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Grob Tea Co stays below 867.8, but if it comes above 867.8, then a intra day buy could be more profitable.
If you take a sell trade below 867.8, then use 867.8 as stoploss and 843.2 as target. However if you take a buy trade in Grob Tea Co, then use 867.8 as stoploss and 888.38 as target.