Stock analysis Hma Agro Industries Ltd HMAAGRO

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Moving Averages for Hma Agro Industries Ltd

5Day Average: 40.15
12Day Average: 41.95
20Day Average: 42.73
50Day Average: 43.17
100Day Average: 46.47
150Day Average: 48.86
200Day Average: 51.03

HMAAGRO Indicators & signals

Indicator MACD (12,26,9)

41.34, 42.36, -0.65
Indicator MACD is in negative zone

Indicator ADX (14)

10.81, 18.75, 23.3
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 HMAAGRO Hma Agro Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
20 Fri Dec 2024	39.93	39.61 to 40.68	-0.2%	0.61 times
19 Thu Dec 2024	40.01	39.60 to 40.49	-0.07%	0.62 times
18 Wed Dec 2024	40.04	39.80 to 41.15	0%	1 times
18 Wed Dec 2024	40.04	39.80 to 41.15	-1.74%	1 times
17 Tue Dec 2024	40.75	40.48 to 41.45	-0.9%	0.79 times
16 Mon Dec 2024	41.12	40.69 to 42.15	0.19%	0.62 times
13 Fri Dec 2024	41.04	40.01 to 41.69	-1.56%	1.6 times
12 Thu Dec 2024	41.69	41.00 to 43.95	-4.18%	1.5 times
11 Wed Dec 2024	43.51	43.00 to 45.70	-2.86%	0.94 times
10 Tue Dec 2024	44.79	44.45 to 46.00	-1.84%	0.69 times
09 Mon Dec 2024	45.63	44.65 to 48.33	1.76%	1.22 times
06 Fri Dec 2024	44.84	44.00 to 45.30	1.84%	0.33 times

Technical analysis forecast for Hma Agro 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 Hma Agro Industries Ltd HMAAGRO at this time. Stock is falling and might fall more.

It appears as if Hma Agro Industries Ltd HMAAGRO gave a large move recently.

Stock of Hma Agro Industries Ltd (HMAAGRO) 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 Hma Agro Industries Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Hma Agro Industries Ltd stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 37.9 as target. However if you take a buy trade in Hma Agro Industries Ltd, then use 40.1 as stoploss and 42.01 as target.

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