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Stock analysis Manaksia Coated Metals & Industries Limited MANAKCOAT

More indepth analysis on MunafaSutra.com

Moving Averages for Manaksia Coated Metals & Industries Limited

  • 5Day Average: 60.91
  • 12Day Average: 61.61
  • 20Day Average: 59.36
  • 50Day Average: 46.35
  • 100Day Average: 38.21
  • 150Day Average: 31.3
  • 200Day Average: 27.43

MANAKCOAT Indicators & signals

Indicator MACD (12,26,9)

60.71, 56.36, 4.92
Indicator MACD is in positive zone

Indicator ADX (14)

42.31, 33.13, 13.43
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANAKCOAT Manaksia Coated Metals & Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 63.61 62.98 to 66.00 0.97% 2.19 times
18 Mon Nov 2024 63.00 60.16 to 63.50 4.17% 1.75 times
14 Thu Nov 2024 60.48 58.44 to 60.95 3.72% 0.81 times
13 Wed Nov 2024 58.31 57.00 to 60.62 -1.45% 3.67 times
12 Tue Nov 2024 59.17 58.70 to 63.25 -4.24% 0.45 times
11 Mon Nov 2024 61.79 61.79 to 65.97 -5.01% 0.54 times
08 Fri Nov 2024 65.05 63.01 to 66.16 3.24% 1.14 times
07 Thu Nov 2024 63.01 62.37 to 65.81 0.53% 0.71 times
06 Wed Nov 2024 62.68 61.00 to 64.35 2.27% 0.44 times
05 Tue Nov 2024 61.29 59.81 to 62.64 2.73% 0.42 times
04 Mon Nov 2024 59.66 59.20 to 61.88 -2.63% 0.07 times
01 Fri Nov 2024 61.27 59.50 to 61.97 2.77% 0.08 times

Technical analysis forecast of Manaksia Coated Metals & Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Manaksia Coated Metals & Industries Limited MANAKCOAT at this time. Stock is rising and might rise more.

It appears as if Manaksia Coated Metals & Industries Limited MANAKCOAT gave a large move recently.

Stock of Manaksia Coated Metals & Industries Limited (MANAKCOAT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Manaksia Coated Metals & Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Manaksia Coated Metals & Industries Limited stays above 62.2, but if it comes below 62.2, then a intra day sell could be more profitable.
If you take a sell trade below 62.2, then use 62.2 as stoploss and 58.31 as target. However if you take a buy trade in Manaksia Coated Metals & Industries Limited, then use 62.2 as stoploss and 66.8 as target.

More indepth analysis on MunafaSutra.com