Stock analysis Intl Conveyors Limited INTLCONV
Recent prices of INTLCONV Intl Conveyors Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Intl Conveyors 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 Intl Conveyors Limited INTLCONV at this time. Stock is falling and might fall more.
It appears as if Intl Conveyors Limited INTLCONV gave a large move recently.
Stock of Intl Conveyors Limited (INTLCONV) 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 Intl Conveyors Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 84 as stoploss in an intra day buy trade for a target of 93.46. However, stock will show a bearish move below 84.