Homepage Active Options Active Stocks

Stock analysis Spacenet Enters Ind Ltd SPCENET

More indepth analysis on MunafaSutra.com

Moving Averages for Spacenet Enters Ind Ltd

  • 5Day Average: 28.66
  • 12Day Average: 30.08
  • 20Day Average: 31.02
  • 50Day Average: 30.09
  • 100Day Average: 29.83
  • 150Day Average: 31.45
  • 200Day Average: 30.14

SPCENET Indicators & signals

Indicator MACD (12,26,9)

29.81, 30.49, -0.21
Indicator MACD is in negative zone

Indicator ADX (14)

33.33, 10.53, 21.05
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SPCENET Spacenet Enters Ind Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 28.37 27.87 to 28.90 -0.53% 0.74 times
25 Thu Jul 2024 28.52 28.25 to 29.30 -1.45% 0.49 times
24 Wed Jul 2024 28.94 28.17 to 29.13 0.73% 1.4 times
23 Tue Jul 2024 28.73 28.00 to 30.57 0% 0.93 times
23 Tue Jul 2024 28.73 28.00 to 30.57 -4.65% 0.93 times
22 Mon Jul 2024 30.13 30.00 to 31.46 -0.86% 0.69 times
19 Fri Jul 2024 30.39 29.55 to 32.50 -0.91% 2.07 times
18 Thu Jul 2024 30.67 30.35 to 31.85 -2.67% 1.2 times
16 Tue Jul 2024 31.51 31.30 to 32.02 -0.28% 0.4 times
15 Mon Jul 2024 31.60 31.19 to 32.00 1.09% 0.44 times
12 Fri Jul 2024 31.26 31.05 to 33.80 -2.59% 1.45 times
11 Thu Jul 2024 32.09 31.49 to 33.45 2.59% 1.94 times

Technical analysis forecast for Spacenet Enters Ind Ltd 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 Spacenet Enters Ind Ltd SPCENET at this time. Stock is falling and might fall more.

It appears as if Spacenet Enters Ind Ltd SPCENET gave a large move recently.

Stock of Spacenet Enters Ind Ltd (SPCENET) 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 Spacenet Enters Ind Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Spacenet Enters Ind Ltd stays below 28.8, but if it comes above 28.8, then a intra day buy could be more profitable.
If you take a sell trade below 28.8, then use 28.8 as stoploss and 26.9 as target. However if you take a buy trade in Spacenet Enters Ind Ltd, then use 28.8 as stoploss and 30.35 as target.

More indepth analysis on MunafaSutra.com