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Stock analysis NRB Industrial Bearings Limited NIBL

More indepth analysis on MunafaSutra.com

Moving Averages for NRB Industrial Bearings Limited

  • 5Day Average: 35.96
  • 12Day Average: 35.26
  • 20Day Average: 35.26
  • 50Day Average: 36.89
  • 100Day Average: 29.19
  • 150Day Average: 25.7
  • 200Day Average: 24.77

NIBL Indicators & signals

Indicator MACD (12,26,9)

35.57, 35.98, -0.5
Indicator MACD is in negative zone

Indicator ADX (14)

7.69, 17.39, 20.29
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

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
30 Tue Apr 2024 35.65 35.00 to 36.00 -0.14% 0.37 times
29 Mon Apr 2024 35.70 34.55 to 36.90 -1.11% 1.02 times
26 Fri Apr 2024 36.10 35.60 to 36.85 0% 0.99 times
25 Thu Apr 2024 36.10 35.85 to 38.95 -0.41% 1.35 times
24 Wed Apr 2024 36.25 34.10 to 37.50 4.62% 0.7 times
23 Tue Apr 2024 34.65 33.00 to 35.55 3.12% 0.73 times
22 Mon Apr 2024 33.60 32.50 to 35.25 1.66% 0.54 times
19 Fri Apr 2024 33.05 32.30 to 35.20 -4.89% 1.38 times
18 Thu Apr 2024 34.75 34.05 to 36.70 1.31% 0.54 times
16 Tue Apr 2024 34.30 33.55 to 36.65 -5.77% 1.23 times
15 Mon Apr 2024 36.40 32.90 to 37.45 -0.41% 1.52 times
12 Fri Apr 2024 36.55 33.85 to 37.20 7.34% 2.93 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, and stock might move down till 34.9 or till 33.8. Use a stoploss of 35.89 and if the stock hits stoploss, then it can shoot up till 36.85

More indepth analysis on MunafaSutra.com