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Stock analysis Rbz Jewellers Limited RBZJEWEL

More indepth analysis on MunafaSutra.com

Moving Averages for Rbz Jewellers Limited

  • 5Day Average: 130.98
  • 12Day Average: 134.89
  • 20Day Average: 139.73
  • 50Day Average: 149.32

RBZJEWEL Indicators & signals

Indicator MACD (12,26,9)

134.84, 141.43, -5.81
Indicator MACD is in negative zone

Indicator ADX (14)

60.83, 7.94, 32.6
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RBZJEWEL Rbz Jewellers Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 129.65 121.20 to 129.65 4.98% 2.33 times
16 Thu May 2024 123.50 123.45 to 129.50 -4.96% 2.4 times
15 Wed May 2024 129.95 129.95 to 135.00 -4.97% 2.35 times
14 Tue May 2024 136.75 135.25 to 138.00 1.26% 0.3 times
13 Mon May 2024 135.05 134.30 to 140.55 -1.92% 0.4 times
10 Fri May 2024 137.70 134.30 to 139.00 2.57% 0.61 times
09 Thu May 2024 134.25 133.75 to 139.55 -2.61% 0.53 times
08 Wed May 2024 137.85 137.35 to 142.50 -0.07% 0.56 times
07 Tue May 2024 137.95 136.35 to 141.40 1.66% 0.89 times
06 Mon May 2024 135.70 134.05 to 142.65 -2.62% 1.02 times
03 Fri May 2024 139.35 138.50 to 142.80 -1.17% 0.95 times
02 Thu May 2024 141.00 140.05 to 143.85 -0.7% 0.56 times

Technical analysis forecast for Rbz Jewellers 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 Rbz Jewellers Limited RBZJEWEL at this time. Stock is falling and might fall more.

It appears as if Rbz Jewellers Limited RBZJEWEL gave a large move recently.

Stock of Rbz Jewellers Limited (RBZJEWEL) 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 Rbz Jewellers Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rbz Jewellers Limited stays below 131.7, but if it comes above 131.7, then a intra day buy could be more profitable.
If you take a sell trade below 131.7, then use 131.7 as stoploss and 123.1 as target. However if you take a buy trade in Rbz Jewellers Limited, then use 131.7 as stoploss and 138.85 as target.

More indepth analysis on MunafaSutra.com