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Stock analysis Siti Networks SITINET

More indepth analysis on MunafaSutra.com

Moving Averages for Siti Networks

  • 5Day Average: 0.79
  • 12Day Average: 0.83
  • 20Day Average: 0.86
  • 50Day Average: 1.03
  • 100Day Average: 1.25
  • 150Day Average: 1.41
  • 200Day Average: 1.48

SITINET Indicators & signals

Indicator MACD (12,26,9)

0.83, 0.91, -0.08
Indicator MACD is in negative zone

Indicator ADX (14)

0, 58.33, 58.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SITINET Siti Networks are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Tue Jun 2023 0.75 0.75 to 0.80 -6.25% 0.68 times
05 Mon Jun 2023 0.80 0.75 to 0.85 0% 1.03 times
02 Fri Jun 2023 0.80 0.75 to 0.85 0% 1.13 times
01 Thu Jun 2023 0.80 0.75 to 0.80 0% 0.84 times
31 Wed May 2023 0.80 0.75 to 0.80 0% 0.63 times
30 Tue May 2023 0.80 0.80 to 0.85 -5.88% 1.61 times
29 Mon May 2023 0.85 0.80 to 0.90 0% 0.82 times
26 Fri May 2023 0.85 0.80 to 0.90 0% 0.45 times
25 Thu May 2023 0.85 0.80 to 0.90 0% 1.1 times
24 Wed May 2023 0.85 0.85 to 0.90 -5.56% 1.84 times
23 Tue May 2023 0.90 0.85 to 0.90 0% 0.55 times
22 Mon May 2023 0.90 0.85 to 0.90 5.88% 0.48 times

Technical analysis forecast for Siti Networks 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 Siti Networks SITINET at this time. Stock is falling and might fall more.

It appears as if Siti Networks SITINET gave a large move recently.

Stock of Siti Networks (SITINET) 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...

Although my analysis for Siti Networks is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.7, for a target of 0.8 or 0.86

More indepth analysis on MunafaSutra.com