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Stock analysis Signet Industries Limited SIGIND

More indepth analysis on MunafaSutra.com

Moving Averages for Signet Industries Limited

  • 5Day Average: 87.9
  • 12Day Average: 87.22
  • 20Day Average: 88.35
  • 50Day Average: 80.69
  • 100Day Average: 76.57
  • 150Day Average: 66.87
  • 200Day Average: 59.26

SIGIND Indicators & signals

Indicator MACD (12,26,9)

87.53, 85.73, 2.58
Indicator MACD is in positive zone

Indicator ADX (14)

4.03, 19.9, 21.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SIGIND Signet Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Wed Jun 2024 85.19 84.51 to 88.24 -2.45% 0.29 times
18 Tue Jun 2024 87.33 85.62 to 89.09 0.03% 0.43 times
14 Fri Jun 2024 87.30 87.00 to 91.94 -1.72% 0.51 times
13 Thu Jun 2024 88.83 88.10 to 94.00 -2.2% 0.68 times
12 Wed Jun 2024 90.83 85.61 to 92.70 4.43% 2.46 times
11 Tue Jun 2024 86.98 84.15 to 92.99 -4.16% 1.87 times
10 Mon Jun 2024 90.76 90.00 to 96.06 -3.24% 0.41 times
07 Fri Jun 2024 93.80 89.40 to 95.00 6.41% 1.47 times
06 Thu Jun 2024 88.15 83.35 to 89.90 7.5% 0.51 times
05 Wed Jun 2024 82.00 77.90 to 83.80 3.4% 0.7 times
04 Tue Jun 2024 79.30 75.20 to 85.05 -7.95% 0.96 times
03 Mon Jun 2024 86.15 85.20 to 93.00 -2.21% 0.78 times

Technical analysis forecast for Signet Industries 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 Signet Industries Limited SIGIND at this time. Stock is falling and might fall more.

It appears as if Signet Industries Limited SIGIND gave a large move recently.

Stock of Signet Industries Limited (SIGIND) 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 Signet Industries Limited is bearish for shortterm, and stock might move down till 82.8 or till 78.1. Use a stoploss of 86.67 and if the stock hits stoploss, then it can shoot up till 90.58

More indepth analysis on MunafaSutra.com