Homepage Active Options Active Stocks

Stock analysis Raymond Limited RAYMOND

More indepth analysis on MunafaSutra.com

Moving Averages for Raymond Limited

  • 5Day Average: 1931.85
  • 12Day Average: 2025.34
  • 20Day Average: 2004
  • 50Day Average: 1935.82
  • 100Day Average: 1786.3
  • 150Day Average: 1631.17
  • 200Day Average: 1591.02

RAYMOND Indicators & signals

Indicator MACD (12,26,9)

1970.8, 1973.62, 25.48
Indicator MACD is in negative zone

Indicator ADX (14)

28.13, 18.96, 33.8
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAYMOND Raymond Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 1863.85 1860.00 to 1920.00 -1.55% 0.56 times
20 Wed Sep 2023 1893.10 1880.00 to 1927.85 -0.33% 1.04 times
18 Mon Sep 2023 1899.35 1890.00 to 2005.00 -5.38% 1.99 times
15 Fri Sep 2023 2007.25 1975.25 to 2018.70 0.58% 0.36 times
14 Thu Sep 2023 1995.70 1990.30 to 2025.55 0.41% 0.58 times
13 Wed Sep 2023 1987.55 1883.25 to 1999.95 0.04% 1.67 times
12 Tue Sep 2023 1986.85 1980.00 to 2102.15 -4.99% 0.84 times
11 Mon Sep 2023 2091.30 2073.45 to 2129.90 0.75% 0.46 times
08 Fri Sep 2023 2075.80 2057.45 to 2160.00 -3.49% 0.83 times
07 Thu Sep 2023 2150.90 2135.10 to 2183.55 -1.33% 0.64 times
06 Wed Sep 2023 2180.00 2160.20 to 2199.00 0.35% 1.59 times
05 Tue Sep 2023 2172.45 2106.50 to 2240.00 9.85% 11.16 times

Technical analysis forecast for Raymond 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 Raymond Limited RAYMOND at this time. Stock is falling and might fall more.

It appears as if Raymond Limited RAYMOND gave a large move recently.

Stock of Raymond Limited (RAYMOND) 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 Raymond Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Raymond Limited stays below 1892.3, but if it comes above 1892.3, then a intra day buy could be more profitable.
If you take a sell trade below 1892.3, then use 1892.3 as stoploss and 1787.8 as target. However if you take a buy trade in Raymond Limited, then use 1892.3 as stoploss and 1979.28 as target.

More indepth analysis on MunafaSutra.com