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Stock analysis N K Inds. NKIND

More indepth analysis on MunafaSutra.com

Moving Averages for N K Inds.

  • 5Day Average: 52.59
  • 12Day Average: 52.84
  • 20Day Average: 53.32
  • 50Day Average: 47.69
  • 100Day Average: 43.36
  • 150Day Average: 42.62
  • 200Day Average: 41.27

NKIND Indicators & signals

Indicator MACD (12,26,9)

52.59, 51.74, 1.59
Indicator MACD is in positive zone

Indicator ADX (14)

1.32, 19.79, 20.32
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NKIND N K Inds. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Mon May 2024 49.90 48.85 to 52.35 -2.92% 0.89 times
24 Fri May 2024 51.40 51.20 to 54.10 -4.64% 1.74 times
23 Thu May 2024 53.90 52.10 to 57.30 -1.28% 1.62 times
22 Wed May 2024 54.60 53.00 to 55.80 2.73% 2.25 times
21 Tue May 2024 53.15 52.00 to 56.40 -1.12% 1.55 times
18 Sat May 2024 53.75 51.40 to 54.50 3.46% 0.22 times
17 Fri May 2024 51.95 51.15 to 54.70 -0.29% 0.18 times
16 Thu May 2024 52.10 49.90 to 54.85 -0.76% 1.86 times
15 Wed May 2024 52.50 52.50 to 56.80 -2.96% 0.49 times
14 Tue May 2024 54.10 53.50 to 55.70 1.79% 0 times
13 Mon May 2024 53.15 53.05 to 56.20 -0.75% 0.09 times
10 Fri May 2024 53.55 53.00 to 55.70 0.47% 0.39 times

Technical analysis forecast for N K Inds. 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 N K Inds. NKIND at this time. Stock is falling and might fall more.

It appears as if N K Inds. NKIND gave a large move recently.

Stock of N K Inds. (NKIND) 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 N K Inds. is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if N K Inds. stays below 50.9, but if it comes above 50.9, then a intra day buy could be more profitable.
If you take a sell trade below 50.9, then use 50.9 as stoploss and 49.2 as target. However if you take a buy trade in N K Inds., then use 50.9 as stoploss and 52.32 as target.

More indepth analysis on MunafaSutra.com