Homepage Active Options Active Stocks

Stock analysis Orient Cement Limited ORIENTCEM

More indepth analysis on MunafaSutra.com

Moving Averages for Orient Cement Limited

  • 5Day Average: 295.32
  • 12Day Average: 295.63
  • 20Day Average: 292.7
  • 50Day Average: 305.73
  • 100Day Average: 292.74
  • 150Day Average: 265.78
  • 200Day Average: 264.55

ORIENTCEM Indicators & signals

Indicator MACD (12,26,9)

295.03, 296.6, -2.57
Indicator MACD is in negative zone

Indicator ADX (14)

9.98, 17.98, 21.97
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ORIENTCEM Orient Cement Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Mon Oct 2024 292.85 291.60 to 297.20 -0.98% 0.29 times
11 Fri Oct 2024 295.75 292.55 to 304.80 0.36% 0.42 times
10 Thu Oct 2024 294.70 288.20 to 301.85 -1.17% 0.37 times
09 Wed Oct 2024 298.20 295.00 to 308.30 1.05% 0.56 times
08 Tue Oct 2024 295.10 288.00 to 299.70 1.72% 0.61 times
07 Mon Oct 2024 290.10 282.05 to 306.50 -4.05% 1.01 times
04 Fri Oct 2024 302.35 300.00 to 311.40 -2.26% 1.09 times
03 Thu Oct 2024 309.35 302.85 to 313.35 -1.34% 1.17 times
01 Tue Oct 2024 313.55 291.70 to 315.90 7.97% 3.21 times
30 Mon Sep 2024 290.40 275.00 to 293.50 4.33% 0.95 times
27 Fri Sep 2024 278.35 271.00 to 288.10 -2.95% 0.61 times
26 Thu Sep 2024 286.80 276.95 to 290.85 4.03% 1.18 times

Technical analysis forecast for Orient Cement 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 Orient Cement Limited ORIENTCEM at this time. Stock is falling and might fall more.

It appears as if Orient Cement Limited ORIENTCEM gave a large move recently.

Stock of Orient Cement Limited (ORIENTCEM) 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 Orient Cement Limited is bearish for shortterm, and stock might move down till 286.8 or till 276.2. Use a stoploss of 295.57 and if the stock hits stoploss, then it can shoot up till 304.37

More indepth analysis on MunafaSutra.com