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Stock analysis Suratwwala Bus Group Ltd SBGLP

More indepth analysis on MunafaSutra.com

Moving Averages for Suratwwala Bus Group Ltd

  • 5Day Average: 130.39
  • 12Day Average: 131.45
  • 20Day Average: 123.89
  • 50Day Average: 120.61
  • 100Day Average: 121.79
  • 150Day Average: 199.52
  • 200Day Average: 339.18

SBGLP Indicators & signals

Indicator MACD (12,26,9)

128.3, 124.62, 3.9
Indicator MACD is in positive zone

Indicator ADX (14)

2.74, 20.92, 19.8
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SBGLP Suratwwala Bus Group Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Thu Oct 2024 123.94 122.60 to 126.80 -1.7% 0.26 times
23 Wed Oct 2024 126.08 125.10 to 131.55 -2.45% 0.23 times
22 Tue Oct 2024 129.25 127.10 to 142.44 -6.56% 0.82 times
21 Mon Oct 2024 138.32 134.10 to 141.44 2.96% 1.43 times
18 Fri Oct 2024 134.34 129.61 to 137.01 1.02% 0.75 times
17 Thu Oct 2024 132.98 130.00 to 137.00 0.14% 2.44 times
16 Wed Oct 2024 132.79 131.00 to 138.06 -3.06% 0.45 times
15 Tue Oct 2024 136.98 134.15 to 140.00 1.73% 1.49 times
14 Mon Oct 2024 134.65 126.00 to 136.85 7.44% 1.69 times
11 Fri Oct 2024 125.33 124.11 to 131.35 -4.25% 0.12 times
10 Thu Oct 2024 130.89 128.15 to 135.89 -0.76% 0.57 times
09 Wed Oct 2024 131.89 121.21 to 133.00 6.97% 0.95 times

Technical analysis forecast for Suratwwala Bus Group Ltd 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 Suratwwala Bus Group Ltd SBGLP at this time. Stock is falling and might fall more.

It appears as if Suratwwala Bus Group Ltd SBGLP gave a large move recently.

Stock of Suratwwala Bus Group Ltd (SBGLP) 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 Suratwwala Bus Group Ltd is bearish for shortterm, and stock might move down till 114.7 or till 101.3. Use a stoploss of 125.92 and if the stock hits stoploss, then it can shoot up till 137.1

More indepth analysis on MunafaSutra.com