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Stock analysis Salona Cotspin SALONA

More indepth analysis on MunafaSutra.com

Moving Averages for Salona Cotspin

  • 5Day Average: 294.79
  • 12Day Average: 300.44
  • 20Day Average: 305.21
  • 50Day Average: 311.78
  • 100Day Average: 304.41
  • 150Day Average: 296.58
  • 200Day Average: 289.14

SALONA Indicators & signals

Indicator MACD (12,26,9)

299.29, 302.76, -2.74
Indicator MACD is in negative zone

Indicator ADX (14)

0, 18.01, 18.01
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SALONA Salona Cotspin are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 292.75 290.00 to 301.00 -3.62% 1.9 times
24 Wed Apr 2024 303.75 297.30 to 311.00 -0.69% 1.33 times
23 Tue Apr 2024 305.85 285.00 to 314.70 7.6% 3.96 times
22 Mon Apr 2024 284.25 284.00 to 291.40 -1.08% 0.67 times
19 Fri Apr 2024 287.35 280.95 to 292.25 -1.47% 0.77 times
18 Thu Apr 2024 291.65 287.10 to 305.95 -1.65% 1.01 times
16 Tue Apr 2024 296.55 292.00 to 305.00 -0.19% 0.13 times
15 Mon Apr 2024 297.10 295.00 to 309.50 -4.5% 0.93 times
12 Fri Apr 2024 311.10 303.10 to 312.85 1.4% 0.42 times
10 Wed Apr 2024 306.80 301.80 to 316.20 -1.38% 0.52 times
09 Tue Apr 2024 311.10 306.05 to 320.90 -1.86% 0.26 times
08 Mon Apr 2024 317.00 312.25 to 325.95 -0.97% 0.22 times

Technical analysis forecast for Salona Cotspin 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 Salona Cotspin SALONA at this time. Stock is falling and might fall more.

It appears as if Salona Cotspin SALONA gave a large move recently.

Stock of Salona Cotspin (SALONA) 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 Salona Cotspin is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 291.3 as stoploss in an intra day buy trade for a target of 301.48. However, stock will show a bearish move below 291.3.

More indepth analysis on MunafaSutra.com