Homepage Active Options Active Stocks

Stock analysis Manappuram Finance Limited MANAPPURAM

More indepth analysis on MunafaSutra.com

Moving Averages for Manappuram Finance Limited

  • 5Day Average: 195.8
  • 12Day Average: 192.6
  • 20Day Average: 192.12
  • 50Day Average: 182.26
  • 100Day Average: 178.3
  • 150Day Average: 167.13
  • 200Day Average: 160.41

MANAPPURAM Indicators & signals

Indicator MACD (12,26,9)

193.29, 188.84, 4.06
Indicator MACD is in positive zone

Indicator ADX (14)

43.2, 38.78, 15.38
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

Recent prices of MANAPPURAM Manappuram Finance Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 200.15 195.60 to 207.30 1.65% 2.85 times
29 Mon Apr 2024 196.90 194.00 to 197.80 0.9% 0.76 times
26 Fri Apr 2024 195.15 194.10 to 200.00 0.41% 1.16 times
25 Thu Apr 2024 194.35 191.00 to 195.00 0.99% 0.73 times
24 Wed Apr 2024 192.45 191.15 to 194.00 1.16% 0.85 times
23 Tue Apr 2024 190.25 187.80 to 191.65 -0.39% 0.71 times
22 Mon Apr 2024 191.00 186.45 to 191.75 1.51% 1.26 times
19 Fri Apr 2024 188.15 184.70 to 189.95 -0.42% 0.88 times
18 Thu Apr 2024 188.95 188.20 to 195.50 0.05% 1.42 times
16 Tue Apr 2024 188.85 187.20 to 192.35 -0.16% 0.84 times
15 Mon Apr 2024 189.15 184.35 to 193.00 -3.45% 1.41 times
12 Fri Apr 2024 195.90 194.00 to 201.90 0.36% 1.72 times

Technical analysis forecast of Manappuram Finance 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 Manappuram Finance Limited MANAPPURAM at this time. Stock is rising and might rise more.

It appears as if Manappuram Finance Limited MANAPPURAM gave a large move recently.

Stock of Manappuram Finance Limited (MANAPPURAM) 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!

Although my analysis for Manappuram Finance Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 200.1, for a target of 194.9 or 190.53

More indepth analysis on MunafaSutra.com