Stock analysis Punjab Chemicals & Crop Protection Limited PUNJABCHEM

More indepth analysis on MunafaSutra.com

Moving Averages for Punjab Chemicals & Crop Protection Limited

5Day Average: 1008.49
12Day Average: 1057.66
20Day Average: 1076.34
50Day Average: 1152.18
100Day Average: 1229.25
150Day Average: 1201.98
200Day Average: 1157.11

PUNJABCHEM Indicators & signals

Indicator MACD (12,26,9)

1044.21, 1087.36, -35.44
Indicator MACD is in negative zone

Indicator ADX (14)

49.79, 9.5, 28.34
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PUNJABCHEM Punjab Chemicals & Crop Protection Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
19 Tue Nov 2024	982.10	971.00 to 1026.90	-1.02%	1.64 times
18 Mon Nov 2024	992.20	965.00 to 1029.90	-2.56%	1.05 times
14 Thu Nov 2024	1018.30	995.00 to 1025.90	1.46%	0.37 times
13 Wed Nov 2024	1003.60	986.65 to 1046.30	-4.08%	1.36 times
12 Tue Nov 2024	1046.25	1025.30 to 1074.10	-2.56%	0.68 times
11 Mon Nov 2024	1073.75	1050.10 to 1080.00	0.71%	0.88 times
08 Fri Nov 2024	1066.20	1060.00 to 1103.25	-2.75%	1.84 times
07 Thu Nov 2024	1096.30	1082.05 to 1112.35	0.08%	0.91 times
06 Wed Nov 2024	1095.40	1080.05 to 1104.70	0.61%	1.57 times
05 Tue Nov 2024	1088.80	1083.55 to 1116.65	-1.26%	0.54 times
04 Mon Nov 2024	1102.65	1100.00 to 1139.35	-2.11%	0.79 times
01 Fri Nov 2024	1126.40	1115.00 to 1132.35	-0.19%	0.25 times

Technical analysis forecast for Punjab Chemicals & Crop Protection Limited 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 Punjab Chemicals & Crop Protection Limited PUNJABCHEM at this time. Stock is falling and might fall more.

It appears as if Punjab Chemicals & Crop Protection Limited PUNJABCHEM gave a large move recently.

Stock of Punjab Chemicals & Crop Protection Limited (PUNJABCHEM) 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...

Although my analysis for Punjab Chemicals & Crop Protection Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 963.4, for a target of 1022.1 or 1070.98

More indepth analysis on MunafaSutra.com