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Stock analysis Rana Sugars Limited RANASUG

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Moving Averages for Rana Sugars Limited

  • 5Day Average: 28.25
  • 12Day Average: 28.18
  • 20Day Average: 27.22
  • 50Day Average: 25.23
  • 100Day Average: 24.32
  • 150Day Average: 23.73
  • 200Day Average: 23.95

RANASUG Indicators & signals

Indicator MACD (12,26,9)

27.76, 26.85, 0.97
Indicator MACD is in positive zone

Indicator ADX (14)

22.22, 23.24, 14.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RANASUG Rana Sugars Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 27.90 27.65 to 28.85 -1.93% 0.35 times
20 Wed Sep 2023 28.45 27.70 to 29.20 1.61% 0.59 times
18 Mon Sep 2023 28.00 27.85 to 29.30 -1.58% 0.55 times
15 Fri Sep 2023 28.45 27.95 to 29.25 0% 0.72 times
14 Thu Sep 2023 28.45 27.20 to 29.40 5.96% 1.79 times
13 Wed Sep 2023 26.85 25.75 to 27.50 2.48% 0.77 times
12 Tue Sep 2023 26.20 25.60 to 28.95 -8.71% 1.29 times
11 Mon Sep 2023 28.70 28.50 to 29.65 1.06% 0.89 times
08 Fri Sep 2023 28.40 28.25 to 29.35 -1.9% 0.55 times
07 Thu Sep 2023 28.95 28.85 to 30.40 -2.36% 0.92 times
06 Wed Sep 2023 29.65 28.35 to 29.90 5.52% 1.92 times
05 Tue Sep 2023 28.10 27.45 to 28.90 -0.18% 0.88 times

Technical analysis forecast of Rana Sugars 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 Rana Sugars Limited RANASUG at this time. Stock is rising and might rise more.

It appears as if Rana Sugars Limited RANASUG gave a large move recently.

Stock of Rana Sugars Limited (RANASUG) 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 Rana Sugars Limited is bullish for shortterm, and stock might move up till 28.8 or till 30.6. Use a stoploss of 27.24 and if this stock hits its stoploss, then it can fall down till 25.72

More indepth analysis on MunafaSutra.com