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Stock analysis Malu Paper Mills Limited MALUPAPER

More indepth analysis on MunafaSutra.com

Moving Averages for Malu Paper Mills Limited

  • 5Day Average: 44.67
  • 12Day Average: 46.25
  • 20Day Average: 45.84
  • 50Day Average: 47.09
  • 100Day Average: 47.56
  • 150Day Average: 45.78
  • 200Day Average: 44.04

MALUPAPER Indicators & signals

Indicator MACD (12,26,9)

45.53, 46.17, -0.35
Indicator MACD is in negative zone

Indicator ADX (14)

10.14, 12.3, 15.08
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MALUPAPER Malu Paper Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 43.74 43.51 to 45.77 -0.82% 0.27 times
18 Mon Nov 2024 44.10 43.31 to 45.69 -1.32% 0.26 times
14 Thu Nov 2024 44.69 43.61 to 46.03 -0.31% 0.33 times
13 Wed Nov 2024 44.83 43.58 to 46.98 -2.52% 0.24 times
12 Tue Nov 2024 45.99 45.00 to 47.59 -0.17% 0.23 times
11 Mon Nov 2024 46.07 46.00 to 47.67 -3.36% 0.36 times
08 Fri Nov 2024 47.67 47.16 to 48.14 -0.36% 0.58 times
07 Thu Nov 2024 47.84 47.70 to 49.02 -1.26% 0.57 times
06 Wed Nov 2024 48.45 47.00 to 48.98 2.13% 0.83 times
05 Tue Nov 2024 47.44 46.64 to 49.44 0.23% 1.94 times
04 Mon Nov 2024 47.33 45.15 to 49.94 1% 4.68 times
01 Fri Nov 2024 46.86 46.00 to 48.80 1.32% 1.05 times

Technical analysis forecast for Malu Paper Mills 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 Malu Paper Mills Limited MALUPAPER at this time. Stock is falling and might fall more.

It appears as if Malu Paper Mills Limited MALUPAPER gave a large move recently.

Stock of Malu Paper Mills Limited (MALUPAPER) 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 Malu Paper Mills Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Malu Paper Mills Limited stays below 44.6, but if it comes above 44.6, then a intra day buy could be more profitable.
If you take a sell trade below 44.6, then use 44.6 as stoploss and 43 as target. However if you take a buy trade in Malu Paper Mills Limited, then use 44.6 as stoploss and 45.97 as target.

More indepth analysis on MunafaSutra.com