Stock analysis Sundaram Multi Pap Limited SUNDARAM

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Moving Averages for Sundaram Multi Pap Limited

5Day Average: 2.33
12Day Average: 2.32
20Day Average: 2.32
50Day Average: 2.53
100Day Average: 2.7
150Day Average: 2.81
200Day Average: 2.89

SUNDARAM Indicators & signals

Indicator MACD (12,26,9)

2.33, 2.38, -0.07
Indicator MACD is in negative zone

Indicator ADX (14)

0, 53.85, 53.85
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 SUNDARAM Sundaram Multi Pap Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
04 Tue Feb 2025	2.30	2.27 to 2.33	-0.43%	1.14 times
03 Mon Feb 2025	2.31	2.27 to 2.36	-1.28%	1.3 times
31 Fri Jan 2025	2.34	2.32 to 2.41	-1.68%	1.46 times
30 Thu Jan 2025	2.38	2.35 to 2.41	1.71%	0.7 times
29 Wed Jan 2025	2.34	2.20 to 2.38	4.46%	1.15 times
28 Tue Jan 2025	2.24	2.16 to 2.27	0.45%	0.83 times
27 Mon Jan 2025	2.23	2.23 to 2.34	-3.46%	2.14 times
24 Fri Jan 2025	2.31	2.30 to 2.37	-1.28%	0.6 times
23 Thu Jan 2025	2.34	2.31 to 2.35	1.3%	0.5 times
22 Wed Jan 2025	2.31	2.30 to 2.37	-1.7%	0.63 times
21 Tue Jan 2025	2.35	2.30 to 2.39	0.86%	0.69 times
20 Mon Jan 2025	2.33	2.27 to 2.37	2.19%	0.71 times

Technical analysis forecast for Sundaram Multi Pap 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 Sundaram Multi Pap Limited SUNDARAM at this time. Stock is falling and might fall more.

It appears as if Sundaram Multi Pap Limited SUNDARAM gave a large move recently.

Stock of Sundaram Multi Pap Limited (SUNDARAM) 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.

More indepth analysis on MunafaSutra.com