Homepage Active Options Active Stocks

Stock analysis MRF Limited MRF

More indepth analysis on MunafaSutra.com

Moving Averages for MRF Limited

  • 5Day Average: 125706.94
  • 12Day Average: 126000.23
  • 20Day Average: 127089.63
  • 50Day Average: 128620.06
  • 100Day Average: 135197.48
  • 150Day Average: 130593.84
  • 200Day Average: 125117.83

MRF Indicators & signals

Indicator MACD (12,26,9)

126195.48, 127235.79, -1030.19
Indicator MACD is in negative zone

Indicator ADX (14)

40.92, 13.16, 31.39
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

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

Date Close Range Change % Volume
19 Wed Jun 2024 124948.75 124750.00 to 126197.95 -0.71% 0.47 times
18 Tue Jun 2024 125848.20 125580.70 to 126329.95 0.21% 0.41 times
14 Fri Jun 2024 125580.70 125387.00 to 126326.00 -0.4% 0.71 times
13 Thu Jun 2024 126079.60 125851.15 to 126765.30 0% 0.36 times
12 Wed Jun 2024 126077.45 125830.05 to 126900.00 -0.14% 0.62 times
11 Tue Jun 2024 126258.90 126055.00 to 127500.00 -0.55% 0.55 times
10 Mon Jun 2024 126963.30 126049.40 to 128200.00 -0.25% 1.7 times
07 Fri Jun 2024 127280.45 125801.50 to 127450.00 0.91% 0.89 times
06 Thu Jun 2024 126132.05 125933.55 to 128697.65 -1.43% 1.23 times
05 Wed Jun 2024 127959.70 122016.90 to 128328.35 4.97% 1.19 times
04 Tue Jun 2024 121903.20 116347.85 to 127000.00 -3.99% 2.35 times
03 Mon Jun 2024 126970.40 126700.15 to 128900.00 1.23% 2.1 times

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

It appears as if MRF Limited MRF gave a large move recently.

Stock of MRF Limited (MRF) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of MRF Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 124589.6 as stoploss in an intra day buy trade for a target of 126780.96. However, stock will show a bearish move below 124589.6.

More indepth analysis on MunafaSutra.com