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Stock analysis Grob Tea Co GROBTEA

More indepth analysis on MunafaSutra.com

Moving Averages for Grob Tea Co

  • 5Day Average: 979.08
  • 12Day Average: 950.09
  • 20Day Average: 929.01
  • 50Day Average: 926.5
  • 100Day Average: 941.31
  • 150Day Average: 921.19
  • 200Day Average: 910.69

GROBTEA Indicators & signals

Indicator MACD (12,26,9)

951.92, 936.86, 8.82
Indicator MACD is in positive zone

Indicator ADX (14)

55.89, 37.19, 10.52
Indicator ADX is indicating that momentum is still strong.
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 GROBTEA Grob Tea Co are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 970.60 951.45 to 988.90 1.5% 0.09 times
25 Thu Apr 2024 956.30 951.15 to 983.45 -2.41% 0.16 times
24 Wed Apr 2024 979.90 968.00 to 1016.95 -0.64% 0.24 times
23 Tue Apr 2024 986.25 978.00 to 1032.70 -1.61% 0.49 times
22 Mon Apr 2024 1002.35 916.30 to 1050.00 7.33% 2.04 times
19 Fri Apr 2024 933.90 915.00 to 939.80 1.92% 0.34 times
18 Thu Apr 2024 916.35 912.55 to 940.00 -0.59% 0.15 times
16 Tue Apr 2024 921.80 917.00 to 927.40 0.65% 0.04 times
15 Mon Apr 2024 915.85 900.90 to 938.85 -2.63% 0.17 times
12 Fri Apr 2024 940.55 940.00 to 975.95 -0.68% 0.45 times
10 Wed Apr 2024 946.95 899.60 to 1069.50 1.8% 5.92 times
09 Tue Apr 2024 930.25 926.70 to 950.00 -0.02% 0.1 times

Technical analysis forecast of Grob Tea Co 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 Grob Tea Co GROBTEA at this time. Stock is rising and might rise more.

It appears as if Grob Tea Co GROBTEA gave a large move recently.

Stock of Grob Tea Co (GROBTEA) 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 Grob Tea Co is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 976.1 as stoploss in an intra day sell trade for a target of 941.02. However, stock will show a bullish move above 976.1.

More indepth analysis on MunafaSutra.com