Homepage Active Options Active Stocks

Stock analysis Star Paper Mills Limited STARPAPER

More indepth analysis on MunafaSutra.com

Moving Averages for Star Paper Mills Limited

  • 5Day Average: 236.27
  • 12Day Average: 243.07
  • 20Day Average: 236.03
  • 50Day Average: 241.09
  • 100Day Average: 238.56
  • 150Day Average: 232.82
  • 200Day Average: 220.94

STARPAPER Indicators & signals

Indicator MACD (12,26,9)

238.66, 238.32, 0.72
Indicator MACD is in positive zone

Indicator ADX (14)

34.63, 14, 28.83
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of STARPAPER Star Paper Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 233.30 231.00 to 237.45 -1.48% 0.41 times
18 Thu Apr 2024 236.80 236.15 to 240.95 1.05% 0.42 times
16 Tue Apr 2024 234.35 232.80 to 240.05 -0.3% 0.39 times
15 Mon Apr 2024 235.05 230.85 to 243.90 -2.81% 0.66 times
12 Fri Apr 2024 241.85 239.85 to 252.50 -3.49% 0.91 times
10 Wed Apr 2024 250.60 249.35 to 252.90 -0.2% 0.68 times
09 Tue Apr 2024 251.10 248.05 to 253.00 0.6% 1.98 times
08 Mon Apr 2024 249.60 243.10 to 253.95 -0.5% 1.78 times
05 Fri Apr 2024 250.85 247.30 to 251.50 0.48% 0.57 times
04 Thu Apr 2024 249.65 245.10 to 250.90 1.63% 1.23 times
03 Wed Apr 2024 245.65 235.60 to 247.80 3.21% 1.38 times
02 Tue Apr 2024 238.00 231.00 to 240.60 2.83% 0.83 times

Technical analysis forecast for Star Paper Mills 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 Star Paper Mills Limited STARPAPER at this time. Stock is falling and might fall more.

It appears as if Star Paper Mills Limited STARPAPER gave a large move recently.

Stock of Star Paper Mills Limited (STARPAPER) 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 Star Paper Mills Limited is bearish for shortterm, and stock might move down till 228 or till 215.5. Use a stoploss of 238.3 and if the stock hits stoploss, then it can shoot up till 248.65

More indepth analysis on MunafaSutra.com