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Stock analysis Rolex Rings Limited ROLEXRINGS

More indepth analysis on MunafaSutra.com

Moving Averages for Rolex Rings Limited

  • 5Day Average: 1869.54
  • 12Day Average: 1878.45
  • 20Day Average: 1863.53
  • 50Day Average: 1955.16
  • 100Day Average: 2168.11
  • 150Day Average: 2196.43
  • 200Day Average: 2195.8

ROLEXRINGS Indicators & signals

Indicator MACD (12,26,9)

1873.2, 1892.21, -27.36
Indicator MACD is in negative zone

Indicator ADX (14)

24.53, 12.99, 21.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
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 Apr 2024 1872.00 1865.00 to 1889.95 0.68% 0.61 times
25 Thu Apr 2024 1859.40 1849.90 to 1899.85 -1.53% 0.69 times
24 Wed Apr 2024 1888.25 1878.10 to 1903.25 0.31% 0.42 times
23 Tue Apr 2024 1882.45 1846.75 to 1900.00 2% 2.48 times
22 Mon Apr 2024 1845.60 1837.50 to 1900.05 -1.56% 0.73 times
19 Fri Apr 2024 1874.85 1870.00 to 1890.95 -1.34% 0.65 times
18 Thu Apr 2024 1900.30 1870.45 to 1946.90 1.6% 0.74 times
16 Tue Apr 2024 1870.45 1824.00 to 1894.40 2% 2.25 times
15 Mon Apr 2024 1833.80 1810.10 to 1879.95 -3.27% 0.67 times
12 Fri Apr 2024 1895.85 1876.20 to 1937.95 -1.74% 0.86 times
10 Wed Apr 2024 1929.40 1879.55 to 1934.50 2.14% 0.5 times
09 Tue Apr 2024 1889.05 1880.00 to 1931.30 -1.31% 0.5 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 1836.5 or till 1784.2. Use a stoploss of 1880.06 and if the stock hits stoploss, then it can shoot up till 1923.64

More indepth analysis on MunafaSutra.com