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Stock analysis Rana Sugars Limited RANASUG

More indepth analysis on MunafaSutra.com

Moving Averages for Rana Sugars Limited

  • 5Day Average: 19.04
  • 12Day Average: 19.85
  • 20Day Average: 19.91
  • 50Day Average: 21
  • 100Day Average: 22.55
  • 150Day Average: 22.65
  • 200Day Average: 22.78

RANASUG Indicators & signals

Indicator MACD (12,26,9)

19.59, 20.15, -0.45
Indicator MACD is in negative zone

Indicator ADX (14)

51.52, 10.81, 33.78
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
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
19 Tue Nov 2024 18.81 18.75 to 19.18 0.21% 1.03 times
18 Mon Nov 2024 18.77 18.63 to 18.99 -0.85% 0.69 times
14 Thu Nov 2024 18.93 18.83 to 19.45 -0.37% 0.94 times
13 Wed Nov 2024 19.00 18.85 to 19.70 -3.46% 1.32 times
12 Tue Nov 2024 19.68 19.60 to 20.39 -1.99% 0.77 times
11 Mon Nov 2024 20.08 19.97 to 20.75 -2.24% 0.85 times
08 Fri Nov 2024 20.54 20.24 to 20.71 -0.19% 0.74 times
07 Thu Nov 2024 20.58 20.50 to 20.94 -0.34% 0.97 times
06 Wed Nov 2024 20.65 20.35 to 20.82 4.08% 1.2 times
05 Tue Nov 2024 19.84 18.31 to 20.79 -2.36% 1.6 times
04 Mon Nov 2024 20.32 20.10 to 21.05 -3.47% 0.91 times
01 Fri Nov 2024 21.05 20.40 to 21.16 0.81% 0.36 times

Technical analysis forecast for Rana Sugars 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 Rana Sugars Limited RANASUG at this time. Stock is falling and might fall more.

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

Stock of Rana Sugars Limited (RANASUG) 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...

My analysis of Rana Sugars Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rana Sugars Limited stays below 19.2, but if it comes above 19.2, then a intra day buy could be more profitable.
If you take a sell trade below 19.2, then use 19.2 as stoploss and 18.4 as target. However if you take a buy trade in Rana Sugars Limited, then use 19.2 as stoploss and 19.94 as target.

More indepth analysis on MunafaSutra.com