Homepage Active Options Active Stocks

Stock analysis Shree Rama Newsprint Limited RAMANEWS

More indepth analysis on MunafaSutra.com

Moving Averages for Shree Rama Newsprint Limited

  • 5Day Average: 28.36
  • 12Day Average: 24.23
  • 20Day Average: 21.94
  • 50Day Average: 19.27
  • 100Day Average: 18.9
  • 150Day Average: 19.67
  • 200Day Average: 19.81

RAMANEWS Indicators & signals

Indicator MACD (12,26,9)

25.61, 22.4, 1.8
Indicator MACD is in positive zone

Indicator ADX (14)

86.89, 52.29, 3.67
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 74
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAMANEWS Shree Rama Newsprint Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Mon Feb 2025 36.26 31.30 to 36.26 19.99% 8.4 times
21 Fri Feb 2025 30.22 27.50 to 31.20 11.39% 1.71 times
20 Thu Feb 2025 27.13 25.07 to 29.00 7.4% 1.88 times
19 Wed Feb 2025 25.26 23.01 to 27.00 10.07% 1.3 times
18 Tue Feb 2025 22.95 22.00 to 23.49 1.91% 0.46 times
17 Mon Feb 2025 22.52 22.00 to 23.25 0.4% 0.33 times
14 Fri Feb 2025 22.43 21.92 to 23.40 -0.8% 0.36 times
13 Thu Feb 2025 22.61 21.20 to 23.50 1.76% 0.9 times
12 Wed Feb 2025 22.22 20.36 to 22.69 9.57% 2.56 times
11 Tue Feb 2025 20.28 19.00 to 20.60 4.81% 0.44 times
10 Mon Feb 2025 19.35 19.00 to 20.00 -0.77% 0.07 times
07 Fri Feb 2025 19.50 19.11 to 20.39 -4.55% 0.15 times

Technical analysis forecast of Shree Rama Newsprint 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 Shree Rama Newsprint Limited RAMANEWS at this time. Stock is rising and might rise more.

It appears as if Shree Rama Newsprint Limited RAMANEWS gave a large move recently.

Stock of Shree Rama Newsprint Limited (RAMANEWS) 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!

Although my analysis for Shree Rama Newsprint Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33.8, for a target of 28.1 or 23.39

More indepth analysis on MunafaSutra.com