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Stock analysis Mahalaxmi Rubtech Limited MHLXMIRU

More indepth analysis on MunafaSutra.com

Moving Averages for Mahalaxmi Rubtech Limited

  • 5Day Average: 153.27
  • 12Day Average: 153.18
  • 20Day Average: 153.3
  • 50Day Average: 160.13
  • 100Day Average: 173.17
  • 150Day Average: 191.61
  • 200Day Average: 204.72

MHLXMIRU Indicators & signals

Indicator MACD (12,26,9)

153.03, 155.35, -2.58
Indicator MACD is in negative zone

Indicator ADX (14)

4.86, 22.26, 20.2
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MHLXMIRU Mahalaxmi Rubtech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 153.91 148.70 to 159.70 3.15% 0.59 times
21 Thu Nov 2024 149.21 147.51 to 152.91 -2.42% 0.2 times
19 Tue Nov 2024 152.91 151.50 to 160.00 0.35% 0.47 times
18 Mon Nov 2024 152.37 146.35 to 158.30 -3.54% 0.57 times
14 Thu Nov 2024 157.97 147.99 to 170.00 11.44% 7.74 times
13 Wed Nov 2024 141.75 140.00 to 151.80 -5.39% 0.21 times
12 Tue Nov 2024 149.83 148.00 to 157.63 -4.01% 0.23 times
11 Mon Nov 2024 156.09 153.01 to 156.93 0.6% 0.08 times
08 Fri Nov 2024 155.16 154.00 to 158.85 0.1% 0.16 times
07 Thu Nov 2024 155.01 153.36 to 158.68 -1.89% 0.21 times
06 Wed Nov 2024 157.99 156.07 to 159.75 1.33% 0.13 times
05 Tue Nov 2024 155.92 154.75 to 161.99 -3.74% 0.24 times

Technical analysis forecast for Mahalaxmi Rubtech 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 Mahalaxmi Rubtech Limited MHLXMIRU at this time. Stock is falling and might fall more.

It appears as if Mahalaxmi Rubtech Limited MHLXMIRU gave a large move recently.

Stock of Mahalaxmi Rubtech Limited (MHLXMIRU) 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 Mahalaxmi Rubtech Limited is bearish for shortterm, and stock might move down till 149.1 or till 142.9. Use a stoploss of 154.24 and if the stock hits stoploss, then it can shoot up till 159.39

More indepth analysis on MunafaSutra.com