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Stock analysis Refex Industries Limited REFEX

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Moving Averages for Refex Industries Limited

  • 5Day Average: 409.2
  • 12Day Average: 400.68
  • 20Day Average: 410.36
  • 50Day Average: 447.24
  • 100Day Average: 352.87
  • 150Day Average: 286.12
  • 200Day Average: 339.77

REFEX Indicators & signals

Indicator MACD (12,26,9)

407.05, 418.94, -12.87
Indicator MACD is in negative zone

Indicator ADX (14)

11.34, 21.2, 26.63
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of REFEX Refex Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Wed Mar 2025 402.05 400.50 to 408.95 0.27% 0.49 times
11 Tue Mar 2025 400.95 396.00 to 413.00 -2.91% 0.84 times
10 Mon Mar 2025 412.95 406.00 to 431.85 -2.59% 0.84 times
07 Fri Mar 2025 423.95 404.00 to 426.40 4.4% 1.81 times
06 Thu Mar 2025 406.10 395.00 to 414.00 1.47% 1.12 times
05 Wed Mar 2025 400.20 386.00 to 400.20 5% 0.66 times
04 Tue Mar 2025 381.15 369.75 to 396.75 0.38% 0.79 times
03 Mon Mar 2025 379.70 371.95 to 394.80 -3.01% 1.04 times
28 Fri Feb 2025 391.50 370.25 to 398.75 0.46% 1.56 times
27 Thu Feb 2025 389.70 387.00 to 411.95 -4.17% 0.65 times
25 Tue Feb 2025 406.65 400.00 to 424.90 -1.61% 0.69 times
24 Mon Feb 2025 413.30 401.00 to 426.80 -1.95% 0.71 times

Technical analysis forecast for Refex Industries 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 Refex Industries Limited REFEX at this time. Stock is falling and might fall more.

It appears as if Refex Industries Limited REFEX gave a large move recently.

Stock of Refex Industries Limited (REFEX) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Refex Industries Limited is bearish for shortterm, and stock might move down till 384 or till 346.8. Use a stoploss of 415.08 and if the stock hits stoploss, then it can shoot up till 446.13

More indepth analysis on MunafaSutra.com