Stock analysis NRB Industrial Bearings Limited NIBL
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Recent prices of NIBL NRB Industrial Bearings Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 17 Tue Sep 2024 | 38.35 | 38.10 to 38.98 | -0.6% | 0.17 times |
| 16 Mon Sep 2024 | 38.58 | 38.05 to 39.39 | -1.2% | 0.17 times |
| 13 Fri Sep 2024 | 39.05 | 38.51 to 39.99 | -0.53% | 0.15 times |
| 12 Thu Sep 2024 | 39.26 | 38.60 to 40.45 | 0.59% | 0.26 times |
| 11 Wed Sep 2024 | 39.03 | 38.35 to 40.66 | -1.44% | 0.26 times |
| 10 Tue Sep 2024 | 39.60 | 38.75 to 42.35 | -3.23% | 0.9 times |
| 09 Mon Sep 2024 | 40.92 | 39.11 to 42.95 | 2.33% | 1.5 times |
| 06 Fri Sep 2024 | 39.99 | 38.22 to 45.90 | 4.11% | 6.46 times |
| 05 Thu Sep 2024 | 38.41 | 38.40 to 39.69 | -0.75% | 0.03 times |
| 04 Wed Sep 2024 | 38.70 | 38.51 to 39.95 | -1.58% | 0.11 times |
| 03 Tue Sep 2024 | 39.32 | 38.09 to 40.00 | 3.2% | 0.15 times |
| 02 Mon Sep 2024 | 38.10 | 37.36 to 39.28 | -0.03% | 0.14 times |
Technical analysis forecast for NRB Industrial Bearings 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 NRB Industrial Bearings Limited NIBL at this time. Stock is falling and might fall more.
It appears as if NRB Industrial Bearings Limited NIBL gave a large move recently.
Stock of NRB Industrial Bearings Limited (NIBL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of NRB Industrial Bearings Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.3 as stoploss in an intra day buy trade for a target of 39.03. However, stock will show a bearish move below 38.3.