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Stock analysis Madhucon Projects Limited MADHUCON

More indepth analysis on MunafaSutra.com

Moving Averages for Madhucon Projects Limited

  • 5Day Average: 8.33
  • 12Day Average: 8.68
  • 20Day Average: 9
  • 50Day Average: 7.58
  • 100Day Average: 5.93
  • 150Day Average: 5.73
  • 200Day Average: 5.65

MADHUCON Indicators & signals

Indicator MACD (12,26,9)

8.58, 8.44, 0.37
Indicator MACD is in positive zone

Indicator ADX (14)

15.38, 21.57, 29.41
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MADHUCON Madhucon Projects Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
31 Fri Jan 2025 8.05 7.96 to 8.49 -3.94% 2.6 times
30 Thu Jan 2025 8.38 8.18 to 8.48 0.72% 0.58 times
29 Wed Jan 2025 8.32 7.93 to 8.52 0.97% 1.22 times
28 Tue Jan 2025 8.24 8.24 to 8.64 -5.07% 1.62 times
27 Mon Jan 2025 8.68 8.64 to 9.08 -4.62% 0.67 times
24 Fri Jan 2025 9.10 9.01 to 9.53 0.22% 2.38 times
23 Thu Jan 2025 9.08 8.40 to 9.17 3.89% 1.25 times
22 Wed Jan 2025 8.74 8.61 to 9.08 -2.24% 0.57 times
21 Tue Jan 2025 8.94 8.89 to 9.22 0.11% 0.27 times
20 Mon Jan 2025 8.93 8.70 to 9.14 0.34% 0.83 times
17 Fri Jan 2025 8.90 8.67 to 9.09 0.68% 0.6 times
16 Thu Jan 2025 8.84 8.78 to 9.13 0.8% 0.99 times

Technical analysis forecast for Madhucon Projects 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 Madhucon Projects Limited MADHUCON at this time. Stock is falling and might fall more.

It appears as if Madhucon Projects Limited MADHUCON gave a large move recently.

Stock of Madhucon Projects Limited (MADHUCON) 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 Madhucon Projects Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8 as stoploss in an intra day buy trade for a target of 8.57. However, stock will show a bearish move below 8.

More indepth analysis on MunafaSutra.com