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Stock analysis Prince Pipes Fittings Ltd PRINCEPIPE

More indepth analysis on MunafaSutra.com

Moving Averages for Prince Pipes Fittings Ltd

  • 5Day Average: 693.96
  • 12Day Average: 700.98
  • 20Day Average: 713.61
  • 50Day Average: 693.18
  • 100Day Average: 663.52
  • 150Day Average: 635.86
  • 200Day Average: 625.03

PRINCEPIPE Indicators & signals

Indicator MACD (12,26,9)

700.61, 702.93, 3.1
Indicator MACD is in negative zone

Indicator ADX (14)

16.87, 17.54, 24.66
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of PRINCEPIPE Prince Pipes Fittings Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Wed Oct 2023 679.30 675.70 to 697.95 -2.04% 1.94 times
03 Tue Oct 2023 693.45 690.15 to 704.55 -0.76% 0.67 times
29 Fri Sep 2023 698.75 695.00 to 709.45 0.27% 0.61 times
28 Thu Sep 2023 696.90 691.15 to 709.00 -0.64% 0.46 times
27 Wed Sep 2023 701.40 698.10 to 715.65 -0.73% 0.58 times
26 Tue Sep 2023 706.55 702.05 to 724.45 0.9% 1.28 times
25 Mon Sep 2023 700.25 688.25 to 704.05 1.09% 0.56 times
22 Fri Sep 2023 692.70 685.30 to 700.95 -0.37% 0.8 times
21 Thu Sep 2023 695.30 692.00 to 712.50 -1.64% 0.48 times
20 Wed Sep 2023 706.90 703.95 to 723.05 -1.73% 0.6 times
18 Mon Sep 2023 719.35 715.50 to 731.15 -0.22% 3.97 times
15 Fri Sep 2023 720.90 712.00 to 753.85 -2.29% 1.34 times

Technical analysis forecast for Prince Pipes Fittings 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 Prince Pipes Fittings Ltd PRINCEPIPE at this time. Stock is falling and might fall more.

It appears as if Prince Pipes Fittings Ltd PRINCEPIPE gave a large move recently.

Stock of Prince Pipes Fittings Ltd (PRINCEPIPE) 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 Prince Pipes Fittings Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Prince Pipes Fittings Ltd stays below 684.2, but if it comes above 684.2, then a intra day buy could be more profitable.
If you take a sell trade below 684.2, then use 684.2 as stoploss and 660.9 as target. However if you take a buy trade in Prince Pipes Fittings Ltd, then use 684.2 as stoploss and 703.63 as target.

More indepth analysis on MunafaSutra.com