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Stock analysis Rolex Rings Limited ROLEXRINGS

More indepth analysis on MunafaSutra.com

Moving Averages for Rolex Rings Limited

  • 5Day Average: 2220.61
  • 12Day Average: 2240.12
  • 20Day Average: 2253.88
  • 50Day Average: 2202.62
  • 100Day Average: 2131.16
  • 150Day Average: 2064.5
  • 200Day Average: 2002.98

ROLEXRINGS Indicators & signals

Indicator MACD (12,26,9)

2230.73, 2227.14, 14.01
Indicator MACD is in positive zone

Indicator ADX (14)

4.52, 18.03, 16.47
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
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
04 Wed Oct 2023 2210.35 2176.00 to 2245.00 0.75% 0.67 times
03 Tue Oct 2023 2193.80 2168.80 to 2220.00 -0.37% 1.38 times
29 Fri Sep 2023 2201.90 2180.75 to 2263.60 -1.39% 1.04 times
28 Thu Sep 2023 2232.95 2221.00 to 2270.00 -1.37% 0.29 times
27 Wed Sep 2023 2264.05 2241.25 to 2288.05 0.64% 0.99 times
26 Tue Sep 2023 2249.55 2241.00 to 2278.85 -0.66% 0.38 times
25 Mon Sep 2023 2264.50 2211.05 to 2285.05 2.09% 1.38 times
22 Fri Sep 2023 2218.20 2181.25 to 2268.10 -0.26% 0.8 times
21 Thu Sep 2023 2223.95 2187.45 to 2232.00 0.21% 0.59 times
20 Wed Sep 2023 2219.20 2215.00 to 2284.70 -2.87% 0.87 times
18 Mon Sep 2023 2284.75 2269.00 to 2321.00 -1.45% 2.27 times
15 Fri Sep 2023 2318.25 2265.05 to 2345.00 2.12% 0.62 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, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2191.3 as stoploss in an intra day buy trade for a target of 2231.08. However, stock will show a bearish move below 2191.3.

More indepth analysis on MunafaSutra.com