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Stock analysis Credo Brands Marketing L MUFTI

More indepth analysis on MunafaSutra.com

Moving Averages for Credo Brands Marketing L

  • 5Day Average: 185.73
  • 12Day Average: 185.88
  • 20Day Average: 189.7
  • 50Day Average: 199.09

MUFTI Indicators & signals

Indicator MACD (12,26,9)

186.67, 190.21, -4.39
Indicator MACD is in negative zone

Indicator ADX (14)

11.49, 19.52, 24.59
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MUFTI Credo Brands Marketing L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Thu May 2024 186.60 181.30 to 188.45 2.11% 1.96 times
30 Tue Apr 2024 182.75 181.05 to 186.95 -0.76% 1.31 times
29 Mon Apr 2024 184.15 183.50 to 188.30 -1.26% 0.76 times
26 Fri Apr 2024 186.50 185.35 to 189.35 -1.14% 0.79 times
25 Thu Apr 2024 188.65 187.35 to 193.45 -1.2% 1.08 times
24 Wed Apr 2024 190.95 189.25 to 192.40 1.19% 0.86 times
23 Tue Apr 2024 188.70 185.10 to 190.10 1.97% 0.98 times
22 Mon Apr 2024 185.05 184.60 to 188.75 0.54% 0.77 times
19 Fri Apr 2024 184.05 180.55 to 185.45 -0.32% 0.74 times
18 Thu Apr 2024 184.65 183.15 to 192.95 0.52% 1.49 times
16 Tue Apr 2024 183.70 182.80 to 187.75 -0.57% 1.22 times
15 Mon Apr 2024 184.75 179.40 to 188.00 -3.5% 1.46 times

Technical analysis forecast for Credo Brands Marketing L 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 Credo Brands Marketing L MUFTI at this time. Stock is falling and might fall more.

It appears as if Credo Brands Marketing L MUFTI gave a large move recently.

Stock of Credo Brands Marketing L (MUFTI) 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 Credo Brands Marketing L is bearish for shortterm, and stock might move down till 182 or till 174.5. Use a stoploss of 188.17 and if the stock hits stoploss, then it can shoot up till 194.37

More indepth analysis on MunafaSutra.com