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Stock analysis Laxmi Cotspin Limited LAXMICOT

More indepth analysis on MunafaSutra.com

Moving Averages for Laxmi Cotspin Limited

  • 5Day Average: 29.85
  • 12Day Average: 29.99
  • 20Day Average: 30.79
  • 50Day Average: 31.2
  • 100Day Average: 30.99
  • 150Day Average: 30.48
  • 200Day Average: 28.65

LAXMICOT Indicators & signals

Indicator MACD (12,26,9)

30.2, 30.63, -0.44
Indicator MACD is in negative zone

Indicator ADX (14)

4.35, 15.28, 16.67
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LAXMICOT Laxmi Cotspin Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 30.40 30.01 to 31.38 -0.56% 1.16 times
25 Thu Jul 2024 30.57 29.76 to 31.40 -0.1% 1.51 times
24 Wed Jul 2024 30.60 28.54 to 31.49 6.14% 2.86 times
23 Tue Jul 2024 28.83 28.27 to 29.97 0% 1.45 times
23 Tue Jul 2024 28.83 28.27 to 29.97 -1.06% 1.45 times
22 Mon Jul 2024 29.14 28.76 to 29.94 -0.72% 0.47 times
19 Fri Jul 2024 29.35 29.00 to 30.47 -1.94% 0.76 times
18 Thu Jul 2024 29.93 29.90 to 30.37 -1.45% 0.32 times
16 Tue Jul 2024 30.37 30.15 to 30.98 -0.33% 0.25 times
15 Mon Jul 2024 30.47 30.20 to 30.96 0.2% 0.47 times
12 Fri Jul 2024 30.41 30.20 to 31.47 -1.68% 0.46 times
11 Thu Jul 2024 30.93 30.82 to 31.40 0.26% 0.28 times

Technical analysis forecast for Laxmi Cotspin Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Laxmi Cotspin Limited LAXMICOT at this time. Stock is falling and might fall more.

It appears as if Laxmi Cotspin Limited LAXMICOT gave a large move recently.

Stock of Laxmi Cotspin Limited (LAXMICOT) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Laxmi Cotspin Limited is bearish for shortterm, and stock might move down till 29.2 or till 27.8. Use a stoploss of 30.48 and if the stock hits stoploss, then it can shoot up till 31.71

More indepth analysis on MunafaSutra.com