Homepage Active Options Active Stocks

Stock analysis Palash Securities Ltd PALASHSECU

More indepth analysis on MunafaSutra.com

Moving Averages for Palash Securities Ltd

  • 5Day Average: 143.8
  • 12Day Average: 146.8
  • 20Day Average: 148.88
  • 50Day Average: 142.07
  • 100Day Average: 138.96
  • 150Day Average: 134.41
  • 200Day Average: 130.46

PALASHSECU Indicators & signals

Indicator MACD (12,26,9)

145.91, 145.67, 1.62
Indicator MACD is in positive zone

Indicator ADX (14)

6.12, 15.12, 13.37
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

Recent prices of PALASHSECU Palash Securities Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Tue Sep 2024 141.87 140.14 to 145.97 -0.36% 0.58 times
16 Mon Sep 2024 142.38 140.85 to 148.78 -1.76% 2.12 times
13 Fri Sep 2024 144.93 142.99 to 149.00 -0.53% 1.31 times
12 Thu Sep 2024 145.70 143.37 to 149.40 1.08% 0.79 times
11 Wed Sep 2024 144.14 142.23 to 150.01 -3.86% 1.07 times
10 Tue Sep 2024 149.92 148.10 to 154.49 2.54% 0.98 times
09 Mon Sep 2024 146.20 145.00 to 154.95 -2.47% 0.34 times
06 Fri Sep 2024 149.91 148.01 to 153.07 -0.4% 0.87 times
05 Thu Sep 2024 150.51 148.75 to 154.95 0.17% 0.43 times
04 Wed Sep 2024 150.26 145.21 to 153.00 1.14% 0.8 times
03 Tue Sep 2024 148.57 145.11 to 152.27 0.92% 1.29 times
02 Mon Sep 2024 147.22 146.00 to 156.00 -2.45% 1.04 times

Technical analysis forecast for Palash Securities Ltd 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 Palash Securities Ltd PALASHSECU at this time. Stock is falling and might fall more.

It appears as if Palash Securities Ltd PALASHSECU gave a large move recently.

Stock of Palash Securities Ltd (PALASHSECU) 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...

My analysis of Palash Securities Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 141.4 as stoploss in an intra day buy trade for a target of 146.09. However, stock will show a bearish move below 141.4.

More indepth analysis on MunafaSutra.com