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Stock analysis Speciality Restaurants Limited SPECIALITY

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Moving Averages for Speciality Restaurants Limited

  • 5Day Average: 168.04
  • 12Day Average: 169.47
  • 20Day Average: 170.47
  • 50Day Average: 172.79
  • 100Day Average: 181.64
  • 150Day Average: 195.51
  • 200Day Average: 193.63

SPECIALITY Indicators & signals

Indicator MACD (12,26,9)

169.33, 171.02, -1.68
Indicator MACD is in negative zone

Indicator ADX (14)

8.63, 15.93, 18.94
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SPECIALITY Speciality Restaurants Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 168.28 165.20 to 171.56 -1.24% 0.79 times
25 Thu Jul 2024 170.39 168.15 to 171.82 -0.19% 0.25 times
24 Wed Jul 2024 170.71 165.41 to 171.99 3.2% 0.65 times
23 Tue Jul 2024 165.41 162.21 to 168.61 0% 0.6 times
23 Tue Jul 2024 165.41 162.21 to 168.61 -0.15% 0.6 times
22 Mon Jul 2024 165.66 163.00 to 168.11 -0.63% 0.54 times
19 Fri Jul 2024 166.71 165.75 to 170.57 -2.39% 0.83 times
18 Thu Jul 2024 170.80 168.98 to 172.83 -0.55% 0.76 times
16 Tue Jul 2024 171.74 171.23 to 175.00 -0.67% 0.64 times
15 Mon Jul 2024 172.89 172.03 to 178.00 -1.34% 1.29 times
12 Fri Jul 2024 175.24 170.19 to 182.83 2.84% 3.85 times
11 Thu Jul 2024 170.40 169.84 to 172.79 -0.36% 0.78 times

Technical analysis forecast for Speciality Restaurants 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 Speciality Restaurants Limited SPECIALITY at this time. Stock is falling and might fall more.

It appears as if Speciality Restaurants Limited SPECIALITY gave a large move recently.

Stock of Speciality Restaurants Limited (SPECIALITY) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Speciality Restaurants Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 167.6 as stoploss in an intra day buy trade for a target of 170.31. However, stock will show a bearish move below 167.6.

More indepth analysis on MunafaSutra.com