Stock analysis Dr. Lal Path Labs Ltd. LALPATHLAB

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Moving Averages for Dr. Lal Path Labs Ltd.

5Day Average: 2353.45
12Day Average: 2311.58
20Day Average: 2302.08
50Day Average: 2272.89
100Day Average: 2395.66
150Day Average: 2445.71
200Day Average: 2409.08

LALPATHLAB Indicators & signals

Indicator MACD (12,26,9)

2317.4, 2290.76, 15.84
Indicator MACD is in positive zone

Indicator ADX (14)

29.22, 29.83, 16.34
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 LALPATHLAB Dr. Lal Path Labs Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
30 Tue Apr 2024	2372.45	2353.20 to 2379.65	1.09%	0.69 times
29 Mon Apr 2024	2346.95	2330.10 to 2430.85	-1.73%	1.49 times
26 Fri Apr 2024	2388.35	2330.65 to 2399.95	2.48%	0.93 times
25 Thu Apr 2024	2330.65	2307.05 to 2343.00	0.08%	0.41 times
24 Wed Apr 2024	2328.85	2249.40 to 2350.00	3.53%	1.89 times
23 Tue Apr 2024	2249.40	2240.70 to 2281.00	-0.58%	0.61 times
22 Mon Apr 2024	2262.60	2226.50 to 2277.00	2.42%	1.05 times
19 Fri Apr 2024	2209.20	2165.80 to 2237.75	-1.58%	0.86 times
18 Thu Apr 2024	2244.60	2235.00 to 2327.00	-3.56%	1.23 times
16 Tue Apr 2024	2327.40	2282.70 to 2339.05	0.32%	0.81 times
15 Mon Apr 2024	2320.05	2282.00 to 2358.40	-1.63%	0.73 times
12 Fri Apr 2024	2358.40	2309.95 to 2392.45	2.35%	2.33 times

Technical analysis forecast of Dr. Lal Path Labs 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 Dr. Lal Path Labs Ltd. LALPATHLAB at this time. Stock is rising and might rise more.

It appears as if Dr. Lal Path Labs Ltd. LALPATHLAB gave a large move recently.

Stock of Dr. Lal Path Labs Ltd. (LALPATHLAB) 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 Dr. Lal Path Labs Ltd. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dr. Lal Path Labs Ltd. stays above 2341.4, but if it comes below 2341.4, then a intra day sell could be more profitable.
If you take a sell trade below 2341.4, then use 2341.4 as stoploss and 2297.5 as target. However if you take a buy trade in Dr. Lal Path Labs Ltd., then use 2341.4 as stoploss and 2394 as target.

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