Homepage Active Options Active Stocks

Stock analysis Shiva Texyarn Limited SHIVATEX

More indepth analysis on MunafaSutra.com

Moving Averages for Shiva Texyarn Limited

  • 5Day Average: 120.71
  • 12Day Average: 119.46
  • 20Day Average: 119.72
  • 50Day Average: 121.09
  • 100Day Average: 121.2
  • 150Day Average: 125.95
  • 200Day Average: 134.22

SHIVATEX Indicators & signals

Indicator MACD (12,26,9)

119.8, 120.14, -0.38
Indicator MACD is in negative zone

Indicator ADX (14)

8.02, 21.35, 18.18
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

Recent prices of SHIVATEX Shiva Texyarn Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Thu Jun 2023 118.50 117.50 to 122.20 -1.5% 0.67 times
07 Wed Jun 2023 120.30 119.00 to 122.60 1.01% 0.92 times
06 Tue Jun 2023 119.10 118.00 to 122.35 -2.18% 0.64 times
05 Mon Jun 2023 121.75 120.90 to 124.00 -1.74% 0.5 times
02 Fri Jun 2023 123.90 122.10 to 126.50 1.14% 1.11 times
01 Thu Jun 2023 122.50 113.00 to 126.45 6.99% 2.55 times
31 Wed May 2023 114.50 113.50 to 116.90 -0.87% 0.37 times
30 Tue May 2023 115.50 114.10 to 118.35 -1.03% 0.46 times
29 Mon May 2023 116.70 115.40 to 117.95 0% 0.38 times
26 Fri May 2023 116.70 115.90 to 122.00 -3.91% 0.95 times
25 Thu May 2023 121.45 120.00 to 127.05 -0.94% 2.12 times
24 Wed May 2023 122.60 120.45 to 124.05 1.28% 0.22 times

Technical analysis forecast for Shiva Texyarn Limited 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 Shiva Texyarn Limited SHIVATEX at this time. Stock is falling and might fall more.

It appears as if Shiva Texyarn Limited SHIVATEX gave a large move recently.

Stock of Shiva Texyarn Limited (SHIVATEX) 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 Shiva Texyarn Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 117.4 as stoploss in an intra day buy trade for a target of 120.02. However, stock will show a bearish move below 117.4.

More indepth analysis on MunafaSutra.com