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Stock analysis Indraprastha Medical Corporation Limited INDRAMEDCO

More indepth analysis on MunafaSutra.com

Moving Averages for Indraprastha Medical Corporation Limited

  • 5Day Average: 415.16
  • 12Day Average: 433.2
  • 20Day Average: 423.74
  • 50Day Average: 433.58
  • 100Day Average: 376.54
  • 150Day Average: 333.93
  • 200Day Average: 286.94

INDRAMEDCO Indicators & signals

Indicator MACD (12,26,9)

425.44, 426.32, 1.46
Indicator MACD is in negative zone

Indicator ADX (14)

19.2, 19.7, 29.06
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INDRAMEDCO Indraprastha Medical Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 417.80 402.00 to 419.90 0.61% 0.43 times
19 Tue Nov 2024 415.25 411.20 to 424.35 0.58% 0.4 times
18 Mon Nov 2024 412.85 404.55 to 422.70 -0.86% 0.39 times
14 Thu Nov 2024 416.45 412.05 to 422.05 0.73% 0.45 times
13 Wed Nov 2024 413.45 409.10 to 437.55 -4.45% 1.33 times
12 Tue Nov 2024 432.70 431.00 to 474.10 -8.22% 0.98 times
11 Mon Nov 2024 471.45 465.55 to 489.50 0.95% 1.41 times
08 Fri Nov 2024 467.00 451.00 to 475.00 1.17% 1.6 times
07 Thu Nov 2024 461.60 433.45 to 474.95 6.49% 1.79 times
06 Wed Nov 2024 433.45 429.15 to 442.30 -0.84% 0.58 times
05 Tue Nov 2024 437.10 413.55 to 440.00 4.23% 1.05 times
04 Mon Nov 2024 419.35 392.35 to 424.00 2.88% 1.07 times

Technical analysis forecast for Indraprastha Medical 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 Indraprastha Medical Corporation Limited INDRAMEDCO at this time. Stock is falling and might fall more.

It appears as if Indraprastha Medical Corporation Limited INDRAMEDCO gave a large move recently.

Stock of Indraprastha Medical Corporation Limited (INDRAMEDCO) 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 Indraprastha Medical Corporation Limited is bearish for shortterm, and stock might move down till 405.3 or till 379.9. Use a stoploss of 426.48 and if the stock hits stoploss, then it can shoot up till 447.66

More indepth analysis on MunafaSutra.com