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Stock analysis Pitti Engineering Limited PITTIENG

More indepth analysis on MunafaSutra.com

Moving Averages for Pitti Engineering Limited

  • 5Day Average: 830.69
  • 12Day Average: 830.68
  • 20Day Average: 817.23
  • 50Day Average: 763.43
  • 100Day Average: 723.71
  • 150Day Average: 702.18
  • 200Day Average: 654.19

PITTIENG Indicators & signals

Indicator MACD (12,26,9)

826.46, 804.42, 21.95
Indicator MACD is in positive zone

Indicator ADX (14)

25.73, 29.47, 17.41
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

Recent prices of PITTIENG Pitti Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 859.90 846.20 to 868.00 0.13% 0.89 times
24 Wed Apr 2024 858.75 820.00 to 875.00 5.16% 2.57 times
23 Tue Apr 2024 816.60 810.90 to 825.85 -0.11% 0.36 times
22 Mon Apr 2024 817.50 813.95 to 830.00 2.1% 0.33 times
19 Fri Apr 2024 800.70 782.75 to 810.00 -1.2% 0.86 times
18 Thu Apr 2024 810.40 801.05 to 832.45 1.01% 0.8 times
16 Tue Apr 2024 802.30 790.10 to 815.95 0.14% 0.74 times
15 Mon Apr 2024 801.20 779.55 to 835.70 -6.05% 1.22 times
12 Fri Apr 2024 852.75 840.05 to 857.00 0.28% 1.35 times
10 Wed Apr 2024 850.35 840.05 to 855.60 -0.28% 0.62 times
09 Tue Apr 2024 852.75 824.35 to 856.00 0.93% 1.14 times
08 Mon Apr 2024 844.90 840.00 to 875.00 -0.83% 1.42 times

Technical analysis forecast of Pitti Engineering Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Pitti Engineering Limited PITTIENG at this time. Stock is rising and might rise more.

It appears as if Pitti Engineering Limited PITTIENG gave a large move recently.

Stock of Pitti Engineering Limited (PITTIENG) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Pitti Engineering Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Pitti Engineering Limited stays above 845.9, but if it comes below 845.9, then a intra day sell could be more profitable.
If you take a sell trade below 845.9, then use 845.9 as stoploss and 813.68 as target. However if you take a buy trade in Pitti Engineering Limited, then use 845.9 as stoploss and 884.5 as target.

More indepth analysis on MunafaSutra.com