Homepage Active Options Active Stocks

Stock analysis Race Eco Chain Limited RACE

More indepth analysis on MunafaSutra.com

Moving Averages for Race Eco Chain Limited

  • 5Day Average: 319.47
  • 12Day Average: 317.18
  • 20Day Average: 321.67
  • 50Day Average: 343.73
  • 100Day Average: 358.11
  • 150Day Average: 329.1
  • 200Day Average: 312.81

RACE Indicators & signals

Indicator MACD (12,26,9)

320.25, 327.06, -9.23
Indicator MACD is in negative zone

Indicator ADX (14)

5.49, 16.68, 18.62
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RACE Race Eco Chain Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 330.20 324.00 to 333.00 1.29% 0.81 times
25 Thu Apr 2024 326.00 319.10 to 328.00 2.44% 1.11 times
24 Wed Apr 2024 318.25 307.20 to 320.00 2.18% 0.64 times
23 Tue Apr 2024 311.45 307.75 to 314.45 0% 0.99 times
22 Mon Apr 2024 311.45 303.05 to 314.25 1.33% 1.12 times
19 Fri Apr 2024 307.35 298.10 to 315.00 -0.28% 1.22 times
18 Thu Apr 2024 308.20 305.55 to 312.10 -0.39% 0.59 times
16 Tue Apr 2024 309.40 305.00 to 312.90 -0.48% 0.46 times
15 Mon Apr 2024 310.90 308.45 to 319.00 -2.81% 1.68 times
12 Fri Apr 2024 319.90 315.25 to 329.70 -2.45% 1.73 times
10 Wed Apr 2024 327.95 322.00 to 332.00 0.88% 0.47 times
09 Tue Apr 2024 325.10 315.40 to 326.70 0.71% 0.32 times

Technical analysis forecast of Race Eco Chain 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 Race Eco Chain Limited RACE at this time. Stock is rising and might rise more.

It appears as if Race Eco Chain Limited RACE gave a large move recently.

Stock of Race Eco Chain Limited (RACE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Race Eco Chain Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 333.5 as stoploss in an intra day sell trade for a target of 323.84. However, stock will show a bullish move above 333.5.

More indepth analysis on MunafaSutra.com