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Stock analysis Latteys Industries Ltd LATTEYS

More indepth analysis on MunafaSutra.com

Moving Averages for Latteys Industries Ltd

  • 5Day Average: 22.75
  • 12Day Average: 21.64
  • 20Day Average: 22.65
  • 50Day Average: 27.7

LATTEYS Indicators & signals

Indicator MACD (12,26,9)

22.69, 24.01, -2.1
Indicator MACD is in negative zone

Indicator ADX (14)

25.27, 32.02, 19.1
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LATTEYS Latteys Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Wed Sep 2024 25.92 25.92 to 25.92 4.98% 0.37 times
17 Tue Sep 2024 24.69 24.11 to 24.69 4.97% 1.22 times
16 Mon Sep 2024 23.52 23.52 to 23.52 21.87% 0.31 times
12 Mon Feb 2024 19.30 19.30 to 21.30 -4.93% 1.14 times
09 Fri Feb 2024 20.30 19.35 to 20.30 4.91% 1.61 times
08 Thu Feb 2024 19.35 19.00 to 20.05 -2.03% 0.24 times
07 Wed Feb 2024 19.75 19.75 to 20.95 -4.82% 0.94 times
06 Tue Feb 2024 20.75 20.75 to 22.55 -5.03% 0.88 times
05 Mon Feb 2024 21.85 20.55 to 21.85 4.8% 0.87 times
02 Fri Feb 2024 20.85 20.75 to 22.50 -4.58% 1.91 times
01 Thu Feb 2024 21.85 21.15 to 22.05 1.63% 0.89 times
31 Wed Jan 2024 21.50 21.35 to 23.15 -4.23% 2.12 times

Technical analysis forecast of Latteys Industries 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 Latteys Industries Ltd LATTEYS at this time. Stock is rising and might rise more.

It appears as if Latteys Industries Ltd LATTEYS gave a large move recently.

Stock of Latteys Industries Ltd (LATTEYS) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Latteys Industries Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Latteys Industries Ltd stays above 25.4, but if it comes below 25.4, then a intra day sell could be more profitable.
If you take a sell trade below 25.4, then use 25.4 as stoploss and 23.29 as target. However if you take a buy trade in Latteys Industries Ltd, then use 25.4 as stoploss and 27.8 as target.

More indepth analysis on MunafaSutra.com