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Stock analysis Incredible Industries Ltd INCREDIBLE

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Moving Averages for Incredible Industries Ltd

  • 5Day Average: 38.19
  • 12Day Average: 38.8
  • 20Day Average: 39.07
  • 50Day Average: 34.76
  • 100Day Average: 30.86
  • 150Day Average: 27.81
  • 200Day Average: 26.23

INCREDIBLE Indicators & signals

Indicator MACD (12,26,9)

38.59, 37.77, 1.27
Indicator MACD is in positive zone

Indicator ADX (14)

0, 22.73, 22.73
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INCREDIBLE Incredible Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Mon May 2024 38.85 37.70 to 39.55 3.05% 0.58 times
24 Fri May 2024 37.70 37.60 to 38.70 -0.26% 0.36 times
23 Thu May 2024 37.80 37.80 to 38.70 -0.53% 0.3 times
22 Wed May 2024 38.00 37.50 to 39.30 -1.55% 1.04 times
21 Tue May 2024 38.60 38.00 to 40.00 -3.26% 3.76 times
18 Sat May 2024 39.90 39.85 to 40.55 2.84% 0.15 times
17 Fri May 2024 38.80 38.45 to 40.75 -4.08% 1.3 times
16 Thu May 2024 40.45 40.00 to 41.45 1.25% 0.47 times
15 Wed May 2024 39.95 36.55 to 40.15 4.44% 1.62 times
14 Tue May 2024 38.25 37.65 to 38.40 0.26% 0.15 times
13 Mon May 2024 38.15 37.15 to 40.50 -2.43% 0.86 times
10 Fri May 2024 39.10 38.30 to 39.90 1.16% 0.27 times

Technical analysis forecast of Incredible Industries Ltd 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 Incredible Industries Ltd INCREDIBLE at this time. Stock is rising and might rise more.

It appears as if Incredible Industries Ltd INCREDIBLE gave a large move recently.

Stock of Incredible Industries Ltd (INCREDIBLE) 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 Incredible Industries Ltd is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.4 as stoploss in an intra day sell trade for a target of 38.26. However, stock will show a bullish move above 39.4.

More indepth analysis on MunafaSutra.com