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Stock analysis Menon Bearings Limited MENONBE

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Moving Averages for Menon Bearings Limited

  • 5Day Average: 117.37
  • 12Day Average: 108.77
  • 20Day Average: 107.12
  • 50Day Average: 99.38
  • 100Day Average: 105.28
  • 150Day Average: 111.22
  • 200Day Average: 115.28

MENONBE Indicators & signals

Indicator MACD (12,26,9)

111.02, 106.29, 3.45
Indicator MACD is in positive zone

Indicator ADX (14)

56.03, 33.33, 9.39
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MENONBE Menon Bearings Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Wed May 2025 115.76 115.00 to 117.89 -0.52% 0.28 times
20 Tue May 2025 116.37 115.02 to 118.41 0.24% 0.48 times
19 Mon May 2025 116.09 114.05 to 118.21 -1.94% 0.69 times
16 Fri May 2025 118.39 114.05 to 121.91 -1.55% 1.22 times
15 Thu May 2025 120.25 108.40 to 124.70 9.18% 5.31 times
14 Wed May 2025 110.14 105.63 to 112.00 4.05% 0.5 times
13 Tue May 2025 105.85 101.85 to 106.74 2.56% 0.35 times
12 Mon May 2025 103.21 100.25 to 105.50 3.94% 0.69 times
09 Fri May 2025 99.30 96.44 to 100.10 -0.17% 0.15 times
08 Thu May 2025 99.47 98.20 to 103.70 -0.19% 0.33 times
07 Wed May 2025 99.66 96.83 to 101.17 -1.09% 0.27 times
06 Tue May 2025 100.76 100.00 to 104.49 -3.22% 0.17 times

Technical analysis forecast of Menon Bearings 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 Menon Bearings Limited MENONBE at this time. Stock is rising and might rise more.

It appears as if Menon Bearings Limited MENONBE gave a large move recently.

Stock of Menon Bearings Limited (MENONBE) 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 Menon Bearings Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Menon Bearings Limited stays above 114.6, but if it comes below 114.6, then a intra day sell could be more profitable.
If you take a sell trade below 114.6, then use 114.6 as stoploss and 107.86 as target. However if you take a buy trade in Menon Bearings Limited, then use 114.6 as stoploss and 122.6 as target.

More indepth analysis on MunafaSutra.com