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Stock analysis Ice Make Refrigerat Ltd ICEMAKE

More indepth analysis on MunafaSutra.com

Moving Averages for Ice Make Refrigerat Ltd

  • 5Day Average: 722.56
  • 12Day Average: 744.7
  • 20Day Average: 755.47
  • 50Day Average: 795.98
  • 100Day Average: 771.56
  • 150Day Average: 780.73
  • 200Day Average: 732.56

ICEMAKE Indicators & signals

Indicator MACD (12,26,9)

741.76, 761.37, -17.49
Indicator MACD is in negative zone

Indicator ADX (14)

28.02, 12.09, 21.5
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ICEMAKE Ice Make Refrigerat Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
15 Wed Jan 2025 732.05 725.05 to 747.00 -1.19% 0.45 times
14 Tue Jan 2025 740.90 702.05 to 750.00 5.34% 1.19 times
13 Mon Jan 2025 703.35 697.00 to 739.80 0% 1.42 times
13 Mon Jan 2025 703.35 697.00 to 739.80 -4.06% 1.42 times
10 Fri Jan 2025 733.15 720.80 to 751.45 -2.38% 1.37 times
09 Thu Jan 2025 751.00 750.00 to 760.20 -1.23% 0.48 times
08 Wed Jan 2025 760.35 745.95 to 763.95 1.22% 0.69 times
07 Tue Jan 2025 751.15 746.15 to 766.35 -0.64% 0.72 times
06 Mon Jan 2025 756.00 750.20 to 788.50 -3.49% 1.13 times
03 Fri Jan 2025 783.30 757.55 to 787.70 3.19% 1.11 times
02 Thu Jan 2025 759.10 751.60 to 770.90 -0.47% 0.47 times
01 Wed Jan 2025 762.65 746.60 to 766.00 2.01% 0.67 times

Technical analysis forecast for Ice Make Refrigerat 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 Ice Make Refrigerat Ltd ICEMAKE at this time. Stock is falling and might fall more.

It appears as if Ice Make Refrigerat Ltd ICEMAKE gave a large move recently.

Stock of Ice Make Refrigerat Ltd (ICEMAKE) 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 Ice Make Refrigerat Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 730.9 as stoploss in an intra day buy trade for a target of 754.12. However, stock will show a bearish move below 730.9.

More indepth analysis on MunafaSutra.com