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Stock analysis Latteys Industries Ltd LATTEYS

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Moving Averages for Latteys Industries Ltd

  • 5Day Average: 35.58
  • 12Day Average: 30.53
  • 20Day Average: 26.52
  • 50Day Average: 27.51
  • 100Day Average: 32.01

LATTEYS Indicators & signals

Indicator MACD (12,26,9)

31.62, 28.65, 1.15
Indicator MACD is in positive zone

Indicator ADX (14)

70.49, 60.82, 10.53
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
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
01 Tue Oct 2024 39.13 39.13 to 39.13 4.99% 0.25 times
30 Mon Sep 2024 37.27 37.27 to 37.27 4.99% 0.36 times
27 Fri Sep 2024 35.50 35.50 to 35.50 5% 0.32 times
26 Thu Sep 2024 33.81 33.00 to 33.81 5% 0.67 times
25 Wed Sep 2024 32.20 32.00 to 32.20 4.99% 0.39 times
24 Tue Sep 2024 30.67 30.00 to 30.67 5% 0.79 times
23 Mon Sep 2024 29.21 27.82 to 29.21 5% 0.82 times
20 Fri Sep 2024 27.82 26.66 to 27.95 4.39% 1.42 times
19 Thu Sep 2024 26.65 25.20 to 27.15 2.82% 2.73 times
18 Wed Sep 2024 25.92 25.92 to 25.92 4.98% 0.58 times
17 Tue Sep 2024 24.69 24.11 to 24.69 4.97% 1.92 times
16 Mon Sep 2024 23.52 23.52 to 23.52 21.87% 0.48 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, 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 Latteys Industries Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Latteys Industries Ltd stays above 35.6, but if it comes below 35.6, then a intra day sell could be more profitable.
If you take a sell trade below 35.6, then use 35.6 as stoploss and 29.36 as target. However if you take a buy trade in Latteys Industries Ltd, then use 35.6 as stoploss and 43.1 as target.

More indepth analysis on MunafaSutra.com