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Stock analysis Softtech Engineer Limited SOFTTECH

More indepth analysis on MunafaSutra.com

Moving Averages for Softtech Engineer Limited

  • 5Day Average: 329.56
  • 12Day Average: 308.96
  • 20Day Average: 290.6
  • 50Day Average: 238.95
  • 100Day Average: 193.98
  • 150Day Average: 178.21
  • 200Day Average: 174.94

SOFTTECH Indicators & signals

Indicator MACD (12,26,9)

310.95, 285.48, 24.06
Indicator MACD is in positive zone

Indicator ADX (14)

52.14, 25.92, 8.15
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 71
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SOFTTECH Softtech Engineer Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Wed Mar 2024 326.95 320.55 to 344.00 -0.06% 0.53 times
05 Tue Mar 2024 327.15 324.50 to 342.95 -2.23% 0.35 times
04 Mon Mar 2024 334.60 327.80 to 344.00 2.07% 1.1 times
02 Sat Mar 2024 327.80 316.25 to 341.90 -1.06% 0.29 times
01 Fri Mar 2024 331.30 311.40 to 334.40 6.39% 1.27 times
29 Thu Feb 2024 311.40 298.05 to 338.45 1.2% 3.61 times
28 Wed Feb 2024 307.70 297.25 to 317.60 1.99% 1.01 times
27 Tue Feb 2024 301.70 286.00 to 307.00 4.14% 1.25 times
26 Mon Feb 2024 289.70 280.00 to 293.80 1.65% 0.57 times
23 Fri Feb 2024 285.00 274.05 to 287.00 1.75% 0.38 times
22 Thu Feb 2024 280.10 275.00 to 287.95 -1.43% 0.19 times
21 Wed Feb 2024 284.15 271.25 to 286.85 -0.94% 1.55 times

Technical analysis forecast of Softtech Engineer 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 Softtech Engineer Limited SOFTTECH at this time. Stock is rising and might rise more.

It appears as if Softtech Engineer Limited SOFTTECH gave a large move recently.

Stock of Softtech Engineer Limited (SOFTTECH) 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 Softtech Engineer Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Softtech Engineer Limited stays above 324.2, but if it comes below 324.2, then a intra day sell could be more profitable.
If you take a sell trade below 324.2, then use 324.2 as stoploss and 295.87 as target. However if you take a buy trade in Softtech Engineer Limited, then use 324.2 as stoploss and 358.1 as target.

More indepth analysis on MunafaSutra.com