Stock analysis ION Exchange IONEXCHANG
Recent prices of IONEXCHANG ION Exchange are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for ION Exchange 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 ION Exchange IONEXCHANG at this time. Stock is falling and might fall more.
It appears as if ION Exchange IONEXCHANG gave a large move recently.
Stock of ION Exchange (IONEXCHANG) 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 ION Exchange is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if ION Exchange stays below 489.3, but if it comes above 489.3, then a intra day buy could be more profitable.
If you take a sell trade below 489.3, then use 489.3 as stoploss and 474.6 as target. However if you take a buy trade in ION Exchange, then use 489.3 as stoploss and 501.45 as target.