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Stock analysis Nova Agritech Limited NOVAAGRI

More indepth analysis on MunafaSutra.com

Moving Averages for Nova Agritech Limited

  • 5Day Average: 63.78
  • 12Day Average: 62.47
  • 20Day Average: 62.18
  • 50Day Average: 65.3
  • 100Day Average: 66.48
  • 150Day Average: 61.73

NOVAAGRI Indicators & signals

Indicator MACD (12,26,9)

62.83, 63.51, -1.18
Indicator MACD is in negative zone

Indicator ADX (14)

14.47, 26.44, 19.76
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NOVAAGRI Nova Agritech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 63.63 63.10 to 66.58 0.58% 0.6 times
20 Mon Jan 2025 63.26 62.90 to 64.54 -1.57% 0.24 times
17 Fri Jan 2025 64.27 63.40 to 64.79 0.23% 0.49 times
16 Thu Jan 2025 64.12 63.75 to 66.19 0.77% 1.27 times
15 Wed Jan 2025 63.63 60.26 to 65.75 5.63% 1.07 times
14 Tue Jan 2025 60.24 59.40 to 62.09 1.41% 0.37 times
13 Mon Jan 2025 59.40 57.55 to 62.28 0% 0.57 times
13 Mon Jan 2025 59.40 57.55 to 62.28 -5.1% 0.57 times
10 Fri Jan 2025 62.59 61.27 to 64.49 -3.02% 0.46 times
09 Thu Jan 2025 64.54 62.60 to 66.00 1.56% 0.59 times
08 Wed Jan 2025 63.55 61.20 to 70.00 4.25% 4.37 times
07 Tue Jan 2025 60.96 59.87 to 61.58 2.32% 0.33 times

Technical analysis forecast of Nova Agritech Limited 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 Nova Agritech Limited NOVAAGRI at this time. Stock is rising and might rise more.

It appears as if Nova Agritech Limited NOVAAGRI gave a large move recently.

Stock of Nova Agritech Limited (NOVAAGRI) 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!

My analysis of Nova Agritech Limited is bullish for shortterm, and stock might move up till 64.8 or till 66.9. Use a stoploss of 63.11 and if this stock hits its stoploss, then it can fall down till 61.39

More indepth analysis on MunafaSutra.com