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Stock analysis Laurus Labs Limited LAURUSLABS

More indepth analysis on MunafaSutra.com

Moving Averages for Laurus Labs Limited

  • 5Day Average: 492.08
  • 12Day Average: 491.8
  • 20Day Average: 487.97
  • 50Day Average: 477.81
  • 100Day Average: 465.34
  • 150Day Average: 455.55
  • 200Day Average: 444.44

LAURUSLABS Indicators & signals

Indicator MACD (12,26,9)

491.06, 484.89, 5.51
Indicator MACD is in positive zone

Indicator ADX (14)

33.63, 28.38, 14.1
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LAURUSLABS Laurus Labs Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 512.60 486.85 to 516.00 4.79% 2.27 times
21 Thu Nov 2024 489.15 482.60 to 491.65 0.03% 0.34 times
19 Tue Nov 2024 489.00 483.65 to 495.90 1.11% 0.33 times
18 Mon Nov 2024 483.65 475.10 to 493.00 -0.48% 0.52 times
14 Thu Nov 2024 486.00 477.00 to 487.75 1.96% 0.44 times
13 Wed Nov 2024 476.65 474.05 to 489.75 -2.64% 0.64 times
12 Tue Nov 2024 489.55 488.20 to 503.20 -1.09% 0.57 times
11 Mon Nov 2024 494.95 489.00 to 499.85 -0.88% 0.73 times
08 Fri Nov 2024 499.35 494.15 to 507.00 0.89% 1.93 times
07 Thu Nov 2024 494.95 489.70 to 502.45 -0.3% 1.7 times
06 Wed Nov 2024 496.45 484.25 to 498.50 1.47% 2.79 times
05 Tue Nov 2024 489.25 481.50 to 494.25 0.37% 1.29 times

Technical analysis forecast of Laurus Labs Limited 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 Laurus Labs Limited LAURUSLABS at this time. Stock is rising and might rise more.

It appears as if Laurus Labs Limited LAURUSLABS gave a large move recently.

Stock of Laurus Labs Limited (LAURUSLABS) 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!

Although my analysis for Laurus Labs Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 515.9, for a target of 500.3 or 487.26

More indepth analysis on MunafaSutra.com