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Stock analysis Onward Technologies Limited ONWARDTEC

More indepth analysis on MunafaSutra.com

Moving Averages for Onward Technologies Limited

  • 5Day Average: 465.82
  • 12Day Average: 476.55
  • 20Day Average: 478.24
  • 50Day Average: 488.14
  • 100Day Average: 546.27
  • 150Day Average: 548.11
  • 200Day Average: 555.34

ONWARDTEC Indicators & signals

Indicator MACD (12,26,9)

470.61, 476.17, -4.08
Indicator MACD is in negative zone

Indicator ADX (14)

9.25, 19.39, 23.34
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 ONWARDTEC Onward Technologies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 452.10 451.00 to 470.10 -3.21% 0.83 times
02 Thu May 2024 467.10 464.40 to 476.45 -0.68% 0.43 times
30 Tue Apr 2024 470.30 470.00 to 475.65 0.06% 0.33 times
29 Mon Apr 2024 470.00 467.00 to 490.00 0.09% 1.35 times
26 Fri Apr 2024 469.60 462.50 to 480.95 1.8% 2.61 times
25 Thu Apr 2024 461.30 459.45 to 475.50 -2.02% 0.73 times
24 Wed Apr 2024 470.80 468.05 to 489.20 -2.54% 0.82 times
23 Tue Apr 2024 483.05 480.00 to 497.05 -1.44% 0.64 times
22 Mon Apr 2024 490.10 487.80 to 510.95 1.13% 0.96 times
19 Fri Apr 2024 484.60 477.95 to 492.15 -2.38% 1.01 times
18 Thu Apr 2024 496.40 488.20 to 506.10 -1.35% 1.12 times
16 Tue Apr 2024 503.20 483.00 to 516.20 2.62% 1.98 times

Technical analysis forecast for Onward Technologies 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 Onward Technologies Limited ONWARDTEC at this time. Stock is falling and might fall more.

It appears as if Onward Technologies Limited ONWARDTEC gave a large move recently.

Stock of Onward Technologies Limited (ONWARDTEC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Onward Technologies Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 447.5, for a target of 461.7 or 473.49

More indepth analysis on MunafaSutra.com