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Stock analysis Lorenzini Apparels Ltd LAL

More indepth analysis on MunafaSutra.com

Moving Averages for Lorenzini Apparels Ltd

  • 5Day Average: 28.65
  • 12Day Average: 26.76
  • 20Day Average: 25.3
  • 50Day Average: 24.42
  • 100Day Average: 58.05
  • 150Day Average: 118.44

LAL Indicators & signals

Indicator MACD (12,26,9)

27.29, 26.04, 0.63
Indicator MACD is in positive zone

Indicator ADX (14)

28, 29.49, 16.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LAL Lorenzini Apparels Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Fri Sep 2024 29.84 26.65 to 29.85 9.95% 0.69 times
12 Thu Sep 2024 27.14 26.91 to 29.00 -3.11% 0.16 times
11 Wed Sep 2024 28.01 27.65 to 29.00 -1.89% 0.22 times
10 Tue Sep 2024 28.55 28.45 to 30.40 -3.87% 0.33 times
09 Mon Sep 2024 29.70 29.05 to 33.70 -6.07% 0.96 times
06 Fri Sep 2024 31.62 30.21 to 33.65 4.25% 1.98 times
05 Thu Sep 2024 30.33 25.00 to 31.09 13.3% 4.33 times
04 Wed Sep 2024 26.77 22.06 to 27.04 18.77% 1.78 times
03 Tue Sep 2024 22.54 21.89 to 23.14 2.88% 0.05 times
02 Mon Sep 2024 21.91 21.33 to 22.77 -0.9% 0.11 times
30 Fri Aug 2024 22.11 21.95 to 22.89 -2.3% 0.07 times
29 Thu Aug 2024 22.63 22.52 to 23.15 0% 0.06 times

Technical analysis forecast of Lorenzini Apparels 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 Lorenzini Apparels Ltd LAL at this time. Stock is rising and might rise more.

It appears as if Lorenzini Apparels Ltd LAL gave a large move recently.

Stock of Lorenzini Apparels Ltd (LAL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Lorenzini Apparels Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Lorenzini Apparels Ltd stays above 29.5, but if it comes below 29.5, then a intra day sell could be more profitable.
If you take a sell trade below 29.5, then use 29.5 as stoploss and 26.28 as target. However if you take a buy trade in Lorenzini Apparels Ltd, then use 29.5 as stoploss and 33.3 as target.

More indepth analysis on MunafaSutra.com