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Stock analysis Sheetal Cool Products Ltd SCPL

More indepth analysis on MunafaSutra.com

Moving Averages for Sheetal Cool Products Ltd

  • 5Day Average: 416.04
  • 12Day Average: 416.24
  • 20Day Average: 419.76
  • 50Day Average: 400.07
  • 100Day Average: 368.84
  • 150Day Average: 377.97
  • 200Day Average: 410.57

SCPL Indicators & signals

Indicator MACD (12,26,9)

415.1, 408.36, 9.11
Indicator MACD is in positive zone

Indicator ADX (14)

1.68, 16.51, 17.07
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SCPL Sheetal Cool Products Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 409.35 404.55 to 422.15 -1.05% 0.82 times
02 Thu May 2024 413.70 411.60 to 420.15 -0.97% 0.54 times
30 Tue Apr 2024 417.75 413.85 to 419.65 0.05% 0.61 times
29 Mon Apr 2024 417.55 412.35 to 427.70 -1.02% 0.82 times
26 Fri Apr 2024 421.85 417.20 to 424.70 0.19% 0.62 times
25 Thu Apr 2024 421.05 413.05 to 424.70 1.47% 0.95 times
24 Wed Apr 2024 414.95 411.25 to 427.45 -1.68% 1.61 times
23 Tue Apr 2024 422.05 417.00 to 429.70 1.28% 1.06 times
22 Mon Apr 2024 416.70 408.00 to 424.70 2.37% 1.29 times
19 Fri Apr 2024 407.05 403.55 to 415.00 -1.97% 1.16 times
18 Thu Apr 2024 415.25 408.50 to 427.85 -0.56% 1.34 times
16 Tue Apr 2024 417.60 412.00 to 434.15 -0.91% 1.58 times

Technical analysis forecast for Sheetal Cool Products 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 Sheetal Cool Products Ltd SCPL at this time. Stock is falling and might fall more.

It appears as if Sheetal Cool Products Ltd SCPL gave a large move recently.

Stock of Sheetal Cool Products Ltd (SCPL) 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 Sheetal Cool Products Ltd is bearish for shortterm, and stock might move down till 404.6 or till 396.1. Use a stoploss of 411.67 and if the stock hits stoploss, then it can shoot up till 418.74

More indepth analysis on MunafaSutra.com