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Stock analysis Salzer Electronics Ltd. SALZERELEC

More indepth analysis on MunafaSutra.com

Moving Averages for Salzer Electronics Ltd.

  • 5Day Average: 821.58
  • 12Day Average: 811.25
  • 20Day Average: 819.15
  • 50Day Average: 744.81
  • 100Day Average: 589.55
  • 150Day Average: 520.89
  • 200Day Average: 482.54

SALZERELEC Indicators & signals

Indicator MACD (12,26,9)

816.96, 795.22, 27.16
Indicator MACD is in positive zone

Indicator ADX (14)

29.76, 27.51, 14.89
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SALZERELEC Salzer Electronics Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 830.10 807.55 to 835.00 1.32% 0.83 times
29 Mon Apr 2024 819.25 804.40 to 855.30 -1.8% 0.99 times
26 Fri Apr 2024 834.25 816.00 to 857.20 2.19% 2.11 times
25 Thu Apr 2024 816.40 807.95 to 829.70 1.05% 0.54 times
24 Wed Apr 2024 807.90 800.00 to 821.00 -0.81% 0.65 times
23 Tue Apr 2024 814.50 809.80 to 834.90 0.29% 0.61 times
22 Mon Apr 2024 812.15 799.00 to 816.00 1.05% 0.72 times
19 Fri Apr 2024 803.70 775.75 to 818.90 -0.18% 0.99 times
18 Thu Apr 2024 805.15 794.90 to 849.00 -1.24% 0.99 times
16 Tue Apr 2024 815.25 770.00 to 815.25 5% 0.87 times
15 Mon Apr 2024 776.45 759.90 to 789.85 -2.93% 1.53 times
12 Fri Apr 2024 799.90 795.50 to 824.80 -2.23% 0.82 times

Technical analysis forecast of Salzer Electronics Ltd. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Salzer Electronics Ltd. SALZERELEC at this time. Stock is rising and might rise more.

It appears as if Salzer Electronics Ltd. SALZERELEC gave a large move recently.

Stock of Salzer Electronics Ltd. (SALZERELEC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Salzer Electronics Ltd. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Salzer Electronics Ltd. stays above 824.5, but if it comes below 824.5, then a intra day sell could be more profitable.
If you take a sell trade below 824.5, then use 824.5 as stoploss and 806.96 as target. However if you take a buy trade in Salzer Electronics Ltd., then use 824.5 as stoploss and 845.5 as target.

More indepth analysis on MunafaSutra.com