Homepage Active Options Active Stocks

Stock analysis Rana Sugars Limited RANASUG

More indepth analysis on MunafaSutra.com

Moving Averages for Rana Sugars Limited

  • 5Day Average: 22.41
  • 12Day Average: 22.39
  • 20Day Average: 21.67
  • 50Day Average: 23.24
  • 100Day Average: 23.47
  • 150Day Average: 24.48
  • 200Day Average: 24.48

RANASUG Indicators & signals

Indicator MACD (12,26,9)

22.21, 22.25, -0.22
Indicator MACD is in negative zone

Indicator ADX (14)

42.86, 15.52, 38.79
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
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
18 Thu Apr 2024 22.35 22.15 to 22.70 0.22% 1.02 times
16 Tue Apr 2024 22.30 21.75 to 22.40 1.36% 0.52 times
15 Mon Apr 2024 22.00 18.20 to 22.30 -1.79% 1.61 times
12 Fri Apr 2024 22.40 22.25 to 23.00 -2.61% 0.59 times
10 Wed Apr 2024 23.00 22.70 to 23.35 0.88% 1.2 times
09 Tue Apr 2024 22.80 21.85 to 23.35 2.7% 0.98 times
08 Mon Apr 2024 22.20 22.10 to 23.05 -2.63% 0.37 times
05 Fri Apr 2024 22.80 22.45 to 22.90 0.22% 0.49 times
04 Thu Apr 2024 22.75 22.25 to 23.20 0.22% 1.25 times
03 Wed Apr 2024 22.70 22.25 to 23.05 2.02% 1.38 times
02 Tue Apr 2024 22.25 20.90 to 22.50 5.45% 1.6 times
01 Mon Apr 2024 21.10 19.70 to 21.55 8.76% 1.35 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, 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 Rana Sugars Limited is bullish for shortterm, and stock might move up till 23.2 or till 24.5. Use a stoploss of 22.18 and if this stock hits its stoploss, then it can fall down till 21.14

More indepth analysis on MunafaSutra.com