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Stock analysis Rolex Rings Limited ROLEXRINGS

More indepth analysis on MunafaSutra.com

Moving Averages for Rolex Rings Limited

  • 5Day Average: 2383.77
  • 12Day Average: 2379.9
  • 20Day Average: 2425.5
  • 50Day Average: 2432.77
  • 100Day Average: 2169.2
  • 150Day Average: 2217.25
  • 200Day Average: 2237.49

ROLEXRINGS Indicators & signals

Indicator MACD (12,26,9)

2393.5, 2406.61, -7.35
Indicator MACD is in negative zone

Indicator ADX (14)

22.21, 21.77, 13.85
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ROLEXRINGS Rolex Rings Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 2404.70 2400.00 to 2435.00 -0.25% 0.73 times
25 Thu Jul 2024 2410.70 2351.00 to 2442.00 1.02% 3.42 times
24 Wed Jul 2024 2386.45 2330.00 to 2403.00 1.19% 0.49 times
23 Tue Jul 2024 2358.50 2270.00 to 2403.75 0% 1.11 times
23 Tue Jul 2024 2358.50 2270.00 to 2403.75 -0.55% 1.11 times
22 Mon Jul 2024 2371.45 2253.00 to 2392.00 4.95% 1.06 times
19 Fri Jul 2024 2259.55 2250.00 to 2325.00 -3.26% 0.61 times
18 Thu Jul 2024 2335.65 2315.00 to 2402.90 -2.64% 0.65 times
16 Tue Jul 2024 2398.95 2372.00 to 2416.35 -0.09% 0.4 times
15 Mon Jul 2024 2401.10 2382.60 to 2423.55 -0.87% 0.54 times
12 Fri Jul 2024 2422.15 2410.00 to 2458.05 -1.18% 0.61 times
11 Thu Jul 2024 2451.10 2425.90 to 2474.95 -0.15% 1 times

Technical analysis forecast for Rolex Rings 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 Rolex Rings Limited ROLEXRINGS at this time. Stock is falling and might fall more.

It appears as if Rolex Rings Limited ROLEXRINGS gave a large move recently.

Stock of Rolex Rings Limited (ROLEXRINGS) 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 Rolex Rings Limited is bearish for shortterm, and stock might move down till 2332.3 or till 2243.7. Use a stoploss of 2406.07 and if the stock hits stoploss, then it can shoot up till 2479.86

More indepth analysis on MunafaSutra.com