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Stock analysis Shree Ram Proteins Ltd. SRPL

More indepth analysis on MunafaSutra.com

Moving Averages for Shree Ram Proteins Ltd.

  • 5Day Average: 1.11
  • 12Day Average: 1.05
  • 20Day Average: 1.15
  • 50Day Average: 3.76
  • 100Day Average: 25.67
  • 150Day Average: 38.05
  • 200Day Average: 47.22

SRPL Indicators & signals

Indicator MACD (12,26,9)

1.2, 2.67, -2.01
Indicator MACD is in negative zone

Indicator ADX (14)

41.67, 22.58, 54.84
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SRPL Shree Ram Proteins Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Tue Sep 2024 1.12 1.12 to 1.23 -5.08% 1.34 times
16 Mon Sep 2024 1.18 1.15 to 1.18 4.42% 1.69 times
13 Fri Sep 2024 1.13 1.07 to 1.13 4.63% 1.51 times
12 Thu Sep 2024 1.08 1.02 to 1.08 4.85% 1.67 times
11 Wed Sep 2024 1.03 1.02 to 1.07 0% 0.37 times
10 Tue Sep 2024 1.03 1.00 to 1.04 3% 1.03 times
09 Mon Sep 2024 1.00 1.00 to 1.02 -0.99% 0.58 times
06 Fri Sep 2024 1.01 1.00 to 1.03 0% 0.62 times
05 Thu Sep 2024 1.01 1.00 to 1.03 0% 0.68 times
04 Wed Sep 2024 1.01 1.00 to 1.03 0% 1.3 times
03 Tue Sep 2024 1.01 1.01 to 1.03 0% 0.56 times
02 Mon Sep 2024 1.01 1.00 to 1.04 -0.98% 1.36 times

Technical analysis forecast for Shree Ram Proteins 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 Shree Ram Proteins Ltd. SRPL at this time. Stock is falling and might fall more.

It appears as if Shree Ram Proteins Ltd. SRPL gave a large move recently.

Stock of Shree Ram Proteins Ltd. (SRPL) 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 Shree Ram Proteins Ltd. is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shree Ram Proteins Ltd. stays below 1.3, but if it comes above 1.3, then a intra day buy could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 0.7 as target. However if you take a buy trade in Shree Ram Proteins Ltd., then use 1.3 as stoploss and 1.78 as target.

More indepth analysis on MunafaSutra.com