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Stock analysis Mahindra CIE Automotive Limited MAHINDCIE

More indepth analysis on MunafaSutra.com

Moving Averages for Mahindra CIE Automotive Limited

  • 5Day Average: 354.58
  • 12Day Average: 377.98
  • 20Day Average: 391.96
  • 50Day Average: 386.18
  • 100Day Average: 345.78
  • 150Day Average: 325.71
  • 200Day Average: 303.16

MAHINDCIE Indicators & signals

Indicator MACD (12,26,9)

372.26, 382.39, -2.95
Indicator MACD is in negative zone

Indicator ADX (14)

25, 15.07, 25.11
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MAHINDCIE Mahindra CIE Automotive Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Mar 2023 352.05 346.55 to 356.55 -0.54% 0.38 times
20 Mon Mar 2023 353.95 348.95 to 359.10 -1.43% 0.52 times
17 Fri Mar 2023 359.10 354.00 to 362.00 1.67% 0.42 times
16 Thu Mar 2023 353.20 345.50 to 356.10 -0.39% 0.86 times
15 Wed Mar 2023 354.60 350.30 to 375.90 -4.51% 1.09 times
14 Tue Mar 2023 371.35 355.45 to 377.30 3.1% 1.91 times
13 Mon Mar 2023 360.20 357.20 to 378.50 -8.42% 3.87 times
10 Fri Mar 2023 393.30 382.65 to 396.25 -0.97% 0.41 times
09 Thu Mar 2023 397.15 394.15 to 409.75 -2.59% 0.24 times
08 Wed Mar 2023 407.70 402.75 to 415.00 -2.53% 0.27 times
06 Mon Mar 2023 418.30 408.15 to 428.85 0.83% 0.41 times
03 Fri Mar 2023 414.85 412.85 to 426.50 -1.62% 0.34 times

Technical analysis forecast for Mahindra CIE Automotive 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 Mahindra CIE Automotive Limited MAHINDCIE at this time. Stock is falling and might fall more.

It appears as if Mahindra CIE Automotive Limited MAHINDCIE gave a large move recently.

Stock of Mahindra CIE Automotive Limited (MAHINDCIE) 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 Mahindra CIE Automotive Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 351.3 as stoploss in an intra day buy trade for a target of 380.41. However, stock will show a bearish move below 351.3.

More indepth analysis on MunafaSutra.com