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Stock analysis Paradeep Phosphates Ltd PARADEEP

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Moving Averages for Paradeep Phosphates Ltd

  • 5Day Average: 69.18
  • 12Day Average: 68.67
  • 20Day Average: 68.47
  • 50Day Average: 69.48
  • 100Day Average: 73.59
  • 150Day Average: 70.93
  • 200Day Average: 70.42

PARADEEP Indicators & signals

Indicator MACD (12,26,9)

68.91, 69.15, -0.44
Indicator MACD is in negative zone

Indicator ADX (14)

5, 19.27, 17.43
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PARADEEP Paradeep Phosphates Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Mon May 2024 68.65 68.15 to 69.45 0.22% 0.45 times
24 Fri May 2024 68.50 68.25 to 70.80 -0.44% 0.79 times
23 Thu May 2024 68.80 68.40 to 69.95 -1.43% 0.53 times
22 Wed May 2024 69.80 69.35 to 70.90 -0.5% 0.42 times
21 Tue May 2024 70.15 69.10 to 71.00 0.07% 0.79 times
18 Sat May 2024 70.10 69.70 to 70.85 1.23% 0.12 times
17 Fri May 2024 69.25 68.75 to 71.20 -1.42% 0.73 times
16 Thu May 2024 70.25 68.80 to 71.45 -2.16% 1.37 times
15 Wed May 2024 71.80 66.15 to 72.30 7.97% 4.38 times
14 Tue May 2024 66.50 65.05 to 66.75 2.78% 0.38 times
13 Mon May 2024 64.70 63.55 to 67.00 -1.22% 0.49 times
10 Fri May 2024 65.50 64.30 to 65.85 0.15% 0.46 times

Technical analysis forecast for Paradeep Phosphates 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 Paradeep Phosphates Ltd PARADEEP at this time. Stock is falling and might fall more.

It appears as if Paradeep Phosphates Ltd PARADEEP gave a large move recently.

Stock of Paradeep Phosphates Ltd (PARADEEP) 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 Paradeep Phosphates Ltd is bearish for shortterm, and stock might move down till 67.1 or till 64.9. Use a stoploss of 68.98 and if the stock hits stoploss, then it can shoot up till 70.85

More indepth analysis on MunafaSutra.com