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Stock analysis Netweb Tech India Ltd NETWEB

More indepth analysis on MunafaSutra.com

Moving Averages for Netweb Tech India Ltd

  • 5Day Average: 1005.49
  • 12Day Average: 927.94
  • 20Day Average: 880.87
  • 50Day Average: 842.37

NETWEB Indicators & signals

Indicator MACD (12,26,9)

947.19, 891.62, 33
Indicator MACD is in positive zone

Indicator ADX (14)

66.27, 42.36, 8.59
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 74
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NETWEB Netweb Tech India Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Mon Dec 2023 1094.50 997.10 to 1094.50 10% 1.04 times
08 Fri Dec 2023 995.00 963.55 to 1017.95 -0.47% 0.49 times
07 Thu Dec 2023 999.70 961.10 to 1020.00 2.75% 1.21 times
06 Wed Dec 2023 972.95 948.05 to 994.00 0.79% 0.85 times
05 Tue Dec 2023 965.30 901.95 to 986.90 7.57% 2.47 times
04 Mon Dec 2023 897.35 876.15 to 912.45 -0.02% 0.48 times
01 Fri Dec 2023 897.50 890.10 to 909.95 -0.29% 0.36 times
30 Thu Nov 2023 900.15 875.05 to 915.95 -0.12% 0.71 times
29 Wed Nov 2023 901.25 885.00 to 916.95 2.48% 1.03 times
28 Tue Nov 2023 879.45 861.00 to 892.40 8.4% 2.34 times
24 Fri Nov 2023 811.30 810.00 to 822.75 -1.16% 0.06 times
23 Thu Nov 2023 820.80 816.55 to 825.00 -0.05% 0.08 times

Technical analysis forecast of Netweb Tech India Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Netweb Tech India Ltd NETWEB at this time. Stock is rising and might rise more.

It appears as if Netweb Tech India Ltd NETWEB gave a large move recently.

Stock of Netweb Tech India Ltd (NETWEB) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Netweb Tech India Ltd is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1092.9, for a target of 992.4 or 908.68

More indepth analysis on MunafaSutra.com