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Stock analysis Mangalore Chemicals & Fertilizers Limited MANGCHEFER

More indepth analysis on MunafaSutra.com

Moving Averages for Mangalore Chemicals & Fertilizers Limited

  • 5Day Average: 116.85
  • 12Day Average: 117.75
  • 20Day Average: 111.61
  • 50Day Average: 115.94
  • 100Day Average: 120.74
  • 150Day Average: 116.89
  • 200Day Average: 114.3

MANGCHEFER Indicators & signals

Indicator MACD (12,26,9)

116.11, 114.93, 0.41
Indicator MACD is in positive zone

Indicator ADX (14)

0.4, 23.6, 23.41
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANGCHEFER Mangalore Chemicals & Fertilizers Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 113.65 112.90 to 115.45 -1.6% 0.66 times
18 Thu Apr 2024 115.50 113.90 to 122.00 -4.55% 0.42 times
16 Tue Apr 2024 121.00 115.70 to 121.70 3.42% 0.79 times
15 Mon Apr 2024 117.00 112.55 to 117.65 -0.09% 0.64 times
12 Fri Apr 2024 117.10 116.00 to 124.15 -6.24% 0.8 times
10 Wed Apr 2024 124.90 122.55 to 126.20 0% 1.55 times
09 Tue Apr 2024 124.90 121.30 to 125.40 1.79% 1.04 times
08 Mon Apr 2024 122.70 118.00 to 123.30 1.61% 1.06 times
05 Fri Apr 2024 120.75 113.10 to 121.30 3.96% 1.31 times
04 Thu Apr 2024 116.15 112.20 to 116.90 3.24% 0.89 times
03 Wed Apr 2024 112.50 107.25 to 114.75 5.34% 1.49 times
02 Tue Apr 2024 106.80 105.00 to 108.05 -0.14% 0.84 times

Technical analysis forecast for Mangalore Chemicals & Fertilizers 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 Mangalore Chemicals & Fertilizers Limited MANGCHEFER at this time. Stock is falling and might fall more.

It appears as if Mangalore Chemicals & Fertilizers Limited MANGCHEFER gave a large move recently.

Stock of Mangalore Chemicals & Fertilizers Limited (MANGCHEFER) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Mangalore Chemicals & Fertilizers Limited is bearish for shortterm, and stock might move down till 106.4 or till 96.1. Use a stoploss of 115.01 and if the stock hits stoploss, then it can shoot up till 123.6

More indepth analysis on MunafaSutra.com