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Stock analysis Sikko Industries Limited SIKKO

More indepth analysis on MunafaSutra.com

Moving Averages for Sikko Industries Limited

  • 5Day Average: 74.14
  • 12Day Average: 73.83
  • 20Day Average: 76.4
  • 50Day Average: 73.2
  • 100Day Average: 67.8
  • 150Day Average: 72.14
  • 200Day Average: 85.88

SIKKO Indicators & signals

Indicator MACD (12,26,9)

74.74, 75.28, 0.02
Indicator MACD is in negative zone

Indicator ADX (14)

10.08, 30.67, 25.05
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
29 Mon Apr 2024 75.15 73.80 to 76.00 1.97% 1.48 times
26 Fri Apr 2024 73.70 72.65 to 74.00 -0.14% 0.43 times
25 Thu Apr 2024 73.80 73.55 to 75.15 -1.2% 0.97 times
24 Wed Apr 2024 74.70 72.50 to 74.95 1.84% 0.85 times
23 Tue Apr 2024 73.35 72.15 to 73.95 0.82% 1.41 times
22 Mon Apr 2024 72.75 72.15 to 75.40 0.62% 0.52 times
19 Fri Apr 2024 72.30 71.90 to 74.90 -0.82% 0.89 times
18 Thu Apr 2024 72.90 70.35 to 77.40 -1.15% 1.48 times
16 Tue Apr 2024 73.75 72.25 to 74.35 2.08% 0.68 times
15 Mon Apr 2024 72.25 70.55 to 74.45 -4.49% 2.24 times
12 Fri Apr 2024 75.65 75.00 to 76.50 0% 0.52 times
10 Wed Apr 2024 75.65 74.65 to 77.25 0.46% 0.92 times

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

It appears as if Sikko Industries Limited SIKKO gave a large move recently.

Stock of Sikko Industries Limited (SIKKO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Sikko Industries Limited is bearish for shortterm, and stock might move down till 69 or till 61.4. Use a stoploss of 75.34 and if the stock hits stoploss, then it can shoot up till 81.68

More indepth analysis on MunafaSutra.com