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Stock analysis Narmada Agrobase Limited NARMADA

More indepth analysis on MunafaSutra.com

Moving Averages for Narmada Agrobase Limited

  • 5Day Average: 15.84
  • 12Day Average: 16.04
  • 20Day Average: 15.68
  • 50Day Average: 19.53
  • 100Day Average: 20.01
  • 150Day Average: 19.88
  • 200Day Average: 19.91

NARMADA Indicators & signals

Indicator MACD (12,26,9)

16.01, 16.81, -1.1
Indicator MACD is in negative zone

Indicator ADX (14)

10.2, 21.36, 26.21
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
19 Tue Nov 2024 16.26 16.02 to 16.70 2.2% 3.36 times
18 Mon Nov 2024 15.91 15.30 to 16.00 0.19% 0.77 times
14 Thu Nov 2024 15.88 15.35 to 16.04 3.93% 0.62 times
13 Wed Nov 2024 15.28 15.16 to 16.00 -3.84% 0.75 times
12 Tue Nov 2024 15.89 15.55 to 16.45 -0.87% 0.53 times
11 Mon Nov 2024 16.03 15.93 to 16.95 -3.72% 0.74 times
08 Fri Nov 2024 16.65 16.52 to 17.00 -0.06% 1.11 times
07 Thu Nov 2024 16.66 16.49 to 16.94 1.9% 1.09 times
06 Wed Nov 2024 16.35 16.09 to 16.47 0.86% 2.06 times
05 Tue Nov 2024 16.21 15.73 to 16.29 4.18% 1.72 times
04 Mon Nov 2024 15.56 15.20 to 15.98 -1.27% 0.61 times
01 Fri Nov 2024 15.76 15.60 to 15.95 1.61% 0.8 times

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

It appears as if Narmada Agrobase Limited NARMADA gave a large move recently.

Stock of Narmada Agrobase Limited (NARMADA) 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 Narmada Agrobase Limited is bearish for shortterm, and stock might move down till 15.9 or till 15.2. Use a stoploss of 16.4 and if the stock hits stoploss, then it can shoot up till 16.94

More indepth analysis on MunafaSutra.com