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Stock analysis Libas Designs Limited LIBAS

More indepth analysis on MunafaSutra.com

Moving Averages for Libas Designs Limited

  • 5Day Average: 19.05
  • 12Day Average: 19.64
  • 20Day Average: 19.32
  • 50Day Average: 20.85
  • 100Day Average: 19.47
  • 150Day Average: 17.7
  • 200Day Average: 16.66

LIBAS Indicators & signals

Indicator MACD (12,26,9)

19.32, 19.59, -0.28
Indicator MACD is in negative zone

Indicator ADX (14)

24, 16.38, 26.72
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LIBAS Libas Designs Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 19.00 18.60 to 19.40 0.8% 0.5 times
16 Tue Apr 2024 18.85 18.30 to 19.15 1.34% 0.58 times
15 Mon Apr 2024 18.60 17.95 to 19.10 -4.12% 1.27 times
12 Fri Apr 2024 19.40 19.20 to 19.90 0% 0.69 times
10 Wed Apr 2024 19.40 19.20 to 20.15 -2.02% 0.54 times
09 Tue Apr 2024 19.80 19.60 to 20.50 -1% 0.82 times
08 Mon Apr 2024 20.00 19.70 to 20.95 -4.53% 0.84 times
05 Fri Apr 2024 20.95 20.45 to 21.30 2.2% 1.27 times
04 Thu Apr 2024 20.50 20.10 to 21.20 0.99% 1.22 times
03 Wed Apr 2024 20.30 19.35 to 21.40 4.37% 2.25 times
02 Tue Apr 2024 19.45 19.10 to 19.80 0.26% 0.51 times
01 Mon Apr 2024 19.40 18.50 to 19.60 3.74% 0.61 times

Technical analysis forecast for Libas Designs 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 Libas Designs Limited LIBAS at this time. Stock is falling and might fall more.

It appears as if Libas Designs Limited LIBAS gave a large move recently.

Stock of Libas Designs Limited (LIBAS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Libas Designs Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 18.8 as stoploss in an intra day buy trade for a target of 19.47. However, stock will show a bearish move below 18.8.

More indepth analysis on MunafaSutra.com