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Stock analysis Parag Milk Foods Ltd. PARAGMILK

More indepth analysis on MunafaSutra.com

Moving Averages for Parag Milk Foods Ltd.

  • 5Day Average: 211.67
  • 12Day Average: 214.23
  • 20Day Average: 210.38
  • 50Day Average: 228.37
  • 100Day Average: 226.65
  • 150Day Average: 221.16
  • 200Day Average: 207.32

PARAGMILK Indicators & signals

Indicator MACD (12,26,9)

212.63, 214.99, -3.26
Indicator MACD is in negative zone

Indicator ADX (14)

23.43, 14.91, 24.03
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of PARAGMILK Parag Milk Foods Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 210.80 206.20 to 213.45 -0.24% 0.61 times
18 Thu Apr 2024 211.30 210.50 to 218.00 -1.63% 0.87 times
16 Tue Apr 2024 214.80 205.00 to 217.00 2.46% 0.94 times
15 Mon Apr 2024 209.65 203.15 to 213.85 -1.02% 1.38 times
12 Fri Apr 2024 211.80 210.00 to 216.10 -1.17% 0.87 times
10 Wed Apr 2024 214.30 213.60 to 218.00 -1.47% 0.61 times
09 Tue Apr 2024 217.50 213.80 to 222.80 -1.16% 1.05 times
08 Mon Apr 2024 220.05 214.90 to 222.00 2.35% 1.27 times
05 Fri Apr 2024 215.00 209.85 to 216.25 1.22% 0.77 times
04 Thu Apr 2024 212.40 211.80 to 218.40 -1.44% 1.32 times
03 Wed Apr 2024 215.50 214.70 to 219.00 -0.97% 0.93 times
02 Tue Apr 2024 217.60 212.00 to 218.90 1.47% 1.55 times

Technical analysis forecast for Parag Milk Foods 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 Parag Milk Foods Ltd. PARAGMILK at this time. Stock is falling and might fall more.

It appears as if Parag Milk Foods Ltd. PARAGMILK gave a large move recently.

Stock of Parag Milk Foods Ltd. (PARAGMILK) 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 Parag Milk Foods Ltd. is bearish for shortterm, and stock might move down till 207.2 or till 199.4. Use a stoploss of 213.69 and if the stock hits stoploss, then it can shoot up till 220.16

More indepth analysis on MunafaSutra.com