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Stock analysis Mukand Limited MUKANDLTD

More indepth analysis on MunafaSutra.com

Moving Averages for Mukand Limited

  • 5Day Average: 157.59
  • 12Day Average: 161.41
  • 20Day Average: 166.94
  • 50Day Average: 163.1
  • 100Day Average: 171.77
  • 150Day Average: 172.01
  • 200Day Average: 171.49

MUKANDLTD Indicators & signals

Indicator MACD (12,26,9)

161.41, 164.56, -1.66
Indicator MACD is in negative zone

Indicator ADX (14)

19.82, 15.07, 22.52
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 MUKANDLTD Mukand Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Mon May 2024 155.80 155.15 to 159.00 -1.64% 0.36 times
24 Fri May 2024 158.40 156.60 to 159.75 0.83% 0.32 times
23 Thu May 2024 157.10 156.85 to 159.75 -1.16% 0.47 times
22 Wed May 2024 158.95 157.20 to 161.90 0.79% 0.62 times
21 Tue May 2024 157.70 157.10 to 163.85 -3.28% 1.18 times
18 Sat May 2024 163.05 162.55 to 165.05 0.34% 0.11 times
17 Fri May 2024 162.50 162.00 to 164.50 0.71% 0.5 times
16 Thu May 2024 161.35 161.00 to 167.00 -3.01% 0.96 times
15 Wed May 2024 166.35 163.00 to 173.05 -0.12% 4.29 times
14 Tue May 2024 166.55 162.45 to 167.90 2.52% 0.45 times
13 Mon May 2024 162.45 160.25 to 167.20 -2.55% 1.09 times
10 Fri May 2024 166.70 165.25 to 168.70 0.33% 0.44 times

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

It appears as if Mukand Limited MUKANDLTD gave a large move recently.

Stock of Mukand Limited (MUKANDLTD) 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 Mukand Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 155.3 as stoploss in an intra day buy trade for a target of 163.71. However, stock will show a bearish move below 155.3.

More indepth analysis on MunafaSutra.com