Stock analysis Himachal Futuristic Communications Limited HFCL

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Moving Averages for Himachal Futuristic Communications Limited

5Day Average: 117.22
12Day Average: 118.7
20Day Average: 120.33
50Day Average: 112.34
100Day Average: 104.32
150Day Average: 101.62
200Day Average: 93.36

HFCL Indicators & signals

Indicator MACD (12,26,9)

118.84, 117.53, 2.01
Indicator MACD is in positive zone

Indicator ADX (14)

7.91, 18.5, 21.68
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HFCL Himachal Futuristic Communications Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
26 Fri Jul 2024	123.25	117.55 to 124.60	4.18%	1.38 times
25 Thu Jul 2024	118.31	117.35 to 125.10	-0.96%	1.98 times
24 Wed Jul 2024	119.46	112.25 to 120.70	6.16%	1.62 times
23 Tue Jul 2024	112.53	105.40 to 117.89	0%	0.95 times
23 Tue Jul 2024	112.53	105.40 to 117.89	-4.19%	0.95 times
22 Mon Jul 2024	117.45	112.50 to 118.24	1.69%	0.65 times
19 Fri Jul 2024	115.50	113.85 to 117.55	-1.99%	0.7 times
18 Thu Jul 2024	117.84	116.45 to 120.45	-1.91%	0.75 times
16 Tue Jul 2024	120.13	119.60 to 123.49	-2.02%	0.58 times
15 Mon Jul 2024	122.61	119.51 to 124.18	1.62%	1.01 times
12 Fri Jul 2024	120.65	120.00 to 125.49	-2.78%	0.8 times
11 Thu Jul 2024	124.10	123.32 to 126.25	0.97%	1.29 times

Technical analysis forecast of Himachal Futuristic Communications 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 Himachal Futuristic Communications Limited HFCL at this time. Stock is rising and might rise more.

It appears as if Himachal Futuristic Communications Limited HFCL gave a large move recently.

Stock of Himachal Futuristic Communications Limited (HFCL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Himachal Futuristic Communications Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 123.7 as stoploss in an intra day sell trade for a target of 118.36. However, stock will show a bullish move above 123.7.

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