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Stock analysis Innova Captab Limited INNOVACAP

More indepth analysis on MunafaSutra.com

Moving Averages for Innova Captab Limited

  • 5Day Average: 472.26
  • 12Day Average: 475.06
  • 20Day Average: 470.96
  • 50Day Average: 493.12

INNOVACAP Indicators & signals

Indicator MACD (12,26,9)

472.69, 477.07, -6.08
Indicator MACD is in negative zone

Indicator ADX (14)

10.19, 14.04, 17.22
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INNOVACAP Innova Captab Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 473.10 466.40 to 476.00 0.08% 0.92 times
29 Mon Apr 2024 472.70 461.05 to 475.00 0.67% 1.46 times
26 Fri Apr 2024 469.55 465.10 to 475.00 -0.51% 0.79 times
25 Thu Apr 2024 471.95 470.05 to 475.85 -0.43% 0.46 times
24 Wed Apr 2024 474.00 465.40 to 475.00 1% 1.19 times
23 Tue Apr 2024 469.30 465.30 to 474.00 -0.48% 0.75 times
22 Mon Apr 2024 471.55 470.05 to 474.70 0.29% 0.42 times
19 Fri Apr 2024 470.20 467.55 to 480.00 -1.7% 0.85 times
18 Thu Apr 2024 478.35 472.60 to 488.50 -0.44% 1.26 times
16 Tue Apr 2024 480.45 473.00 to 484.90 -1.09% 0.69 times
15 Mon Apr 2024 485.75 468.25 to 490.00 0.39% 2.14 times
12 Fri Apr 2024 483.85 467.95 to 486.20 2.87% 3.44 times

Technical analysis forecast for Innova Captab 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 Innova Captab Limited INNOVACAP at this time. Stock is falling and might fall more.

It appears as if Innova Captab Limited INNOVACAP gave a large move recently.

Stock of Innova Captab Limited (INNOVACAP) 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 Innova Captab Limited is bearish for shortterm, and stock might move down till 466.6 or till 457.1. Use a stoploss of 474.56 and if the stock hits stoploss, then it can shoot up till 482.48

More indepth analysis on MunafaSutra.com