Homepage Active Options Active Stocks

Stock analysis Saksoft Limited SAKSOFT

More indepth analysis on MunafaSutra.com

Moving Averages for Saksoft Limited

  • 5Day Average: 282.52
  • 12Day Average: 284.28
  • 20Day Average: 284.91
  • 50Day Average: 270.17
  • 100Day Average: 305.73
  • 150Day Average: 310.09
  • 200Day Average: 287.6

SAKSOFT Indicators & signals

Indicator MACD (12,26,9)

282.5, 279.99, 3.2
Indicator MACD is in positive zone

Indicator ADX (14)

16.82, 26.8, 19.08
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 SAKSOFT Saksoft Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 279.65 278.65 to 284.45 -0.85% 0.69 times
29 Mon Apr 2024 282.05 281.00 to 286.70 -0.63% 0.65 times
26 Fri Apr 2024 283.85 282.15 to 287.25 0.11% 0.73 times
25 Thu Apr 2024 283.55 283.00 to 287.65 0.02% 0.58 times
24 Wed Apr 2024 283.50 281.70 to 291.95 -0.05% 1.45 times
23 Tue Apr 2024 283.65 282.20 to 291.55 -0.61% 0.7 times
22 Mon Apr 2024 285.40 281.95 to 294.85 1.71% 0.83 times
19 Fri Apr 2024 280.60 277.80 to 286.00 -1.53% 0.78 times
18 Thu Apr 2024 284.95 283.50 to 297.40 0.81% 1.36 times
16 Tue Apr 2024 282.65 281.90 to 291.05 -0.86% 1.01 times
15 Mon Apr 2024 285.10 276.45 to 290.80 -3.8% 1.91 times
12 Fri Apr 2024 296.35 283.00 to 307.85 4.9% 3.86 times

Technical analysis forecast for Saksoft 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 Saksoft Limited SAKSOFT at this time. Stock is falling and might fall more.

It appears as if Saksoft Limited SAKSOFT gave a large move recently.

Stock of Saksoft Limited (SAKSOFT) 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 Saksoft Limited is bearish for shortterm, and stock might move down till 272.6 or till 262.9. Use a stoploss of 280.74 and if the stock hits stoploss, then it can shoot up till 288.85

More indepth analysis on MunafaSutra.com