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Stock analysis Hitech Corporation Limited HITECHCORP

More indepth analysis on MunafaSutra.com

Moving Averages for Hitech Corporation Limited

  • 5Day Average: 175.02
  • 12Day Average: 182.65
  • 20Day Average: 183.05
  • 50Day Average: 183.36
  • 100Day Average: 204.33
  • 150Day Average: 226.13
  • 200Day Average: 229.43

HITECHCORP Indicators & signals

Indicator MACD (12,26,9)

179.81, 183.28, -2.01
Indicator MACD is in negative zone

Indicator ADX (14)

14.67, 16.84, 22.63
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HITECHCORP Hitech Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Thu May 2025 174.35 173.00 to 179.01 -0.33% 0.54 times
07 Wed May 2025 174.92 168.91 to 176.70 2.26% 0.71 times
06 Tue May 2025 171.05 170.10 to 181.21 -3.72% 1.14 times
05 Mon May 2025 177.65 174.91 to 183.02 0.29% 1.01 times
02 Fri May 2025 177.14 174.00 to 183.50 -1.45% 0.87 times
30 Wed Apr 2025 179.74 177.10 to 186.59 -3.56% 0.44 times
29 Tue Apr 2025 186.38 183.03 to 189.90 1.65% 0.58 times
28 Mon Apr 2025 183.36 180.99 to 186.09 -0.62% 0.97 times
25 Fri Apr 2025 184.51 182.00 to 191.12 -3.41% 1.83 times
24 Thu Apr 2025 191.02 190.00 to 195.38 -0.55% 0.68 times
23 Wed Apr 2025 192.08 190.00 to 201.40 -3.79% 1.77 times
22 Tue Apr 2025 199.65 188.97 to 201.40 4.83% 1.91 times

Technical analysis forecast for Hitech Corporation 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 Hitech Corporation Limited HITECHCORP at this time. Stock is falling and might fall more.

It appears as if Hitech Corporation Limited HITECHCORP gave a large move recently.

Stock of Hitech Corporation Limited (HITECHCORP) 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 Hitech Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Hitech Corporation Limited stays below 174.8, but if it comes above 174.8, then a intra day buy could be more profitable.
If you take a sell trade below 174.8, then use 174.8 as stoploss and 166.1 as target. However if you take a buy trade in Hitech Corporation Limited, then use 174.8 as stoploss and 182.11 as target.

More indepth analysis on MunafaSutra.com