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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: 39.16
  • 12Day Average: 38.64
  • 20Day Average: 37.05
  • 50Day Average: 26.45
  • 100Day Average: 21.99
  • 150Day Average: 19.88
  • 200Day Average: 19.44

MANAKCOAT Indicators & signals

Indicator MACD (12,26,9)

38.22, 34.3, 4.19
Indicator MACD is in positive zone

Indicator ADX (14)

48, 32.94, 11.57
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
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
01 Fri Mar 2024 40.10 39.60 to 42.90 -0.5% 0.68 times
29 Thu Feb 2024 40.30 38.20 to 44.05 0.62% 2.36 times
28 Wed Feb 2024 40.05 36.50 to 40.20 9.58% 1.31 times
27 Tue Feb 2024 36.55 36.25 to 38.95 -5.8% 0.42 times
26 Mon Feb 2024 38.80 38.55 to 40.95 -1.27% 0.24 times
23 Fri Feb 2024 39.30 39.00 to 42.90 -2.96% 0.82 times
22 Thu Feb 2024 40.50 40.15 to 44.15 -7.64% 0.84 times
21 Wed Feb 2024 43.85 37.65 to 44.15 9.22% 2.09 times
20 Tue Feb 2024 40.15 37.15 to 40.15 10% 1.27 times
19 Mon Feb 2024 36.50 33.60 to 36.50 9.94% 0.4 times
16 Fri Feb 2024 33.20 32.90 to 35.40 -3.49% 0.25 times
15 Thu Feb 2024 34.40 34.15 to 35.45 -2.13% 0.16 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 39, but if it comes below 39, then a intra day sell could be more profitable.
If you take a sell trade below 39, then use 39 as stoploss and 35.95 as target. However if you take a buy trade in Manaksia Coated Metals & Industries Limited, then use 39 as stoploss and 42.6 as target.

More indepth analysis on MunafaSutra.com