Stock analysis Royal Orchid Hotels Limited ROHLTD
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Recent prices of ROHLTD Royal Orchid Hotels Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Fri Oct 2024 | 311.85 | 301.10 to 317.00 | -0.29% | 2.27 times |
| 24 Thu Oct 2024 | 312.75 | 306.25 to 314.90 | 0.03% | 0.5 times |
| 23 Wed Oct 2024 | 312.65 | 303.00 to 318.00 | 0.58% | 0.64 times |
| 22 Tue Oct 2024 | 310.85 | 310.00 to 331.60 | -5.32% | 1.69 times |
| 21 Mon Oct 2024 | 328.30 | 323.35 to 340.50 | -3.08% | 0.89 times |
| 18 Fri Oct 2024 | 338.75 | 323.35 to 344.95 | 0.55% | 1.13 times |
| 17 Thu Oct 2024 | 336.90 | 332.35 to 349.15 | -3.74% | 1.36 times |
| 16 Wed Oct 2024 | 350.00 | 338.00 to 356.55 | -1.64% | 1.59 times |
| 15 Tue Oct 2024 | 355.85 | 352.80 to 370.00 | -1.19% | 1.14 times |
| 14 Mon Oct 2024 | 360.15 | 348.80 to 364.00 | 0.43% | 0.74 times |
| 11 Fri Oct 2024 | 358.60 | 356.65 to 362.55 | -0.58% | 0.31 times |
| 10 Thu Oct 2024 | 360.70 | 353.00 to 363.45 | 0.52% | 0.61 times |
Technical analysis forecast for Royal Orchid Hotels 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 Royal Orchid Hotels Limited ROHLTD at this time. Stock is falling and might fall more.
It appears as if Royal Orchid Hotels Limited ROHLTD gave a large move recently.
Stock of Royal Orchid Hotels Limited (ROHLTD) 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 Royal Orchid Hotels Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Royal Orchid Hotels Limited stays below 320, but if it comes above 320, then a intra day buy could be more profitable.
If you take a sell trade below 320, then use 320 as stoploss and 297.2 as target. However if you take a buy trade in Royal Orchid Hotels Limited, then use 320 as stoploss and 339.03 as target.