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Stock analysis Sandur Mang & Iron Ores L SANDUMA

More indepth analysis on MunafaSutra.com

Moving Averages for Sandur Mang & Iron Ores L

  • 5Day Average: 528.43
  • 12Day Average: 488.75
  • 20Day Average: 449.47
  • 50Day Average: 422.01
  • 100Day Average: 1354.99
  • 150Day Average: 1418.69

SANDUMA Indicators & signals

Indicator MACD (12,26,9)

490.48, 483.59, -15.46
Indicator MACD is in positive zone

Indicator ADX (14)

27.84, 31.52, 17.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 33
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of SANDUMA Sandur Mang & Iron Ores L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Mon Apr 2024 511.25 506.15 to 535.00 -2.49% 0.55 times
26 Fri Apr 2024 524.30 517.75 to 569.40 -3.77% 1.55 times
25 Thu Apr 2024 544.85 520.00 to 570.00 0.19% 1.38 times
24 Wed Apr 2024 543.80 519.00 to 543.80 4.99% 0.98 times
23 Tue Apr 2024 517.95 505.00 to 517.95 5% 1.37 times
22 Mon Apr 2024 493.30 467.30 to 493.95 4.86% 0.7 times
19 Fri Apr 2024 470.45 451.50 to 479.85 1.15% 0.69 times
18 Thu Apr 2024 465.10 441.30 to 474.65 2.89% 0.79 times
16 Tue Apr 2024 452.05 444.35 to 479.70 -3.15% 0.55 times
15 Mon Apr 2024 466.75 425.85 to 470.65 4.13% 1.66 times
12 Fri Apr 2024 448.25 433.25 to 448.25 4.99% 0.33 times
10 Wed Apr 2024 426.95 405.25 to 426.95 4.99% 0.39 times

Technical analysis forecast of Sandur Mang & Iron Ores L 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 Sandur Mang & Iron Ores L SANDUMA at this time. Stock is rising and might rise more.

It appears as if Sandur Mang & Iron Ores L SANDUMA gave a large move recently.

Stock of Sandur Mang & Iron Ores L (SANDUMA) 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 Sandur Mang & Iron Ores L is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 531.4 as stoploss in an intra day sell trade for a target of 474.09. However, stock will show a bullish move above 531.4.

More indepth analysis on MunafaSutra.com