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Stock analysis Softtech Engineer Limited SOFTTECH

More indepth analysis on MunafaSutra.com

Moving Averages for Softtech Engineer Limited

  • 5Day Average: 345.85
  • 12Day Average: 354.47
  • 20Day Average: 359.2
  • 50Day Average: 340.72
  • 100Day Average: 320.07
  • 150Day Average: 264.86
  • 200Day Average: 235.29

SOFTTECH Indicators & signals

Indicator MACD (12,26,9)

351.67, 351.44, 3.42
Indicator MACD is in positive zone

Indicator ADX (14)

3.45, 15.6, 14.56
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
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
26 Fri Jul 2024 350.05 345.00 to 358.00 2.43% 0.36 times
25 Thu Jul 2024 341.75 335.15 to 355.90 -1.58% 0.71 times
24 Wed Jul 2024 347.25 341.30 to 351.95 0.62% 0.27 times
23 Tue Jul 2024 345.10 344.25 to 354.25 0% 0.66 times
23 Tue Jul 2024 345.10 344.25 to 354.25 -2.24% 0.66 times
22 Mon Jul 2024 353.00 344.75 to 361.85 0.38% 0.3 times
19 Fri Jul 2024 351.65 347.15 to 365.70 -1.87% 0.39 times
18 Thu Jul 2024 358.35 356.20 to 380.25 -1.05% 1.41 times
16 Tue Jul 2024 362.15 357.15 to 380.40 -0.04% 1.29 times
15 Mon Jul 2024 362.30 360.30 to 391.00 -3.12% 2.54 times
12 Fri Jul 2024 373.95 360.55 to 381.05 3.03% 1.77 times
11 Thu Jul 2024 362.95 350.05 to 366.90 2.79% 0.59 times

Technical analysis forecast for Softtech Engineer 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 Softtech Engineer Limited SOFTTECH at this time. Stock is falling and might fall more.

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

Stock of Softtech Engineer Limited (SOFTTECH) 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 Softtech Engineer Limited is bearish for shortterm, and stock might move down till 340.3 or till 325.7. Use a stoploss of 352.49 and if the stock hits stoploss, then it can shoot up till 364.69

More indepth analysis on MunafaSutra.com