Homepage Active Options Active Stocks

Stock analysis Shree Rama Multi-Tech Limited SHREERAMA

More indepth analysis on MunafaSutra.com

Moving Averages for Shree Rama Multi-Tech Limited

  • 5Day Average: 40.66
  • 12Day Average: 38.44
  • 20Day Average: 33.51
  • 50Day Average: 19.92
  • 100Day Average: 15.13
  • 150Day Average: 14.06
  • 200Day Average: 14.03

SHREERAMA Indicators & signals

Indicator MACD (12,26,9)

37.95, 31.01, 6.52
Indicator MACD is in positive zone

Indicator ADX (14)

58.18, 52.57, 13.9
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 78
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHREERAMA Shree Rama Multi-Tech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 47.38 45.22 to 48.09 8.37% 5.16 times
25 Mon Nov 2024 43.72 43.72 to 43.72 9.99% 0.3 times
22 Fri Nov 2024 39.75 37.00 to 39.75 9.99% 0.98 times
21 Thu Nov 2024 36.14 33.63 to 36.35 -0.5% 0.64 times
19 Tue Nov 2024 36.32 36.01 to 37.75 0% 0.44 times
18 Mon Nov 2024 36.32 35.81 to 39.44 -0.08% 0.78 times
14 Thu Nov 2024 36.35 32.60 to 37.10 7.01% 0.92 times
13 Wed Nov 2024 33.97 33.65 to 36.07 -5.56% 1.1 times
12 Tue Nov 2024 35.97 35.55 to 37.89 -2.94% 0.71 times
11 Mon Nov 2024 37.06 36.83 to 41.00 -6.01% 1.44 times
08 Fri Nov 2024 39.43 37.95 to 42.74 1.41% 2.67 times
07 Thu Nov 2024 38.88 38.60 to 43.44 -9.14% 2.12 times

Technical analysis forecast of Shree Rama Multi-Tech Limited 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 Shree Rama Multi-Tech Limited SHREERAMA at this time. Stock is rising and might rise more.

It appears as if Shree Rama Multi-Tech Limited SHREERAMA gave a large move recently.

Stock of Shree Rama Multi-Tech Limited (SHREERAMA) 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 Shree Rama Multi-Tech Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shree Rama Multi-Tech Limited stays above 44.7, but if it comes below 44.7, then a intra day sell could be more profitable.
If you take a sell trade below 44.7, then use 44.7 as stoploss and 33.7 as target. However if you take a buy trade in Shree Rama Multi-Tech Limited, then use 44.7 as stoploss and 57.9 as target.

More indepth analysis on MunafaSutra.com