Homepage Active Options Active Stocks

Stock analysis Religare Enterprises Limited RELIGARE

More indepth analysis on MunafaSutra.com

Moving Averages for Religare Enterprises Limited

  • 5Day Average: 245.72
  • 12Day Average: 248.49
  • 20Day Average: 250.25
  • 50Day Average: 267.38
  • 100Day Average: 259.61
  • 150Day Average: 247.01
  • 200Day Average: 241.9

RELIGARE Indicators & signals

Indicator MACD (12,26,9)

249.13, 254.58, -5.96
Indicator MACD is in negative zone

Indicator ADX (14)

23.81, 14.29, 23.21
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RELIGARE Religare Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 251.87 245.10 to 255.00 2.48% 1.87 times
18 Mon Nov 2024 245.77 241.07 to 247.50 0.22% 0.81 times
14 Thu Nov 2024 245.24 240.07 to 247.39 2.29% 1.34 times
13 Wed Nov 2024 239.76 238.32 to 248.61 -2.52% 1.7 times
12 Tue Nov 2024 245.95 245.15 to 252.37 -1.01% 0.8 times
11 Mon Nov 2024 248.47 247.00 to 251.89 -0.66% 0.82 times
08 Fri Nov 2024 250.11 247.00 to 253.19 -0.95% 0.68 times
07 Thu Nov 2024 252.51 251.20 to 255.00 -0.77% 0.65 times
06 Wed Nov 2024 254.47 250.19 to 255.00 1.59% 0.89 times
05 Tue Nov 2024 250.48 244.26 to 251.80 2.2% 0.69 times
04 Mon Nov 2024 245.10 243.75 to 253.66 -2.8% 1.6 times
01 Fri Nov 2024 252.15 246.20 to 253.00 2.29% 0.31 times

Technical analysis forecast for Religare Enterprises 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 Religare Enterprises Limited RELIGARE at this time. Stock is falling and might fall more.

It appears as if Religare Enterprises Limited RELIGARE gave a large move recently.

Stock of Religare Enterprises Limited (RELIGARE) 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 Religare Enterprises Limited is bearish for shortterm, and stock might move down till 248.1 or till 243.1. Use a stoploss of 252.34 and if the stock hits stoploss, then it can shoot up till 256.53

More indepth analysis on MunafaSutra.com