Homepage Active Options Active Stocks

Stock analysis Sundram Fasteners Limited SUNDRMFAST

More indepth analysis on MunafaSutra.com

Moving Averages for Sundram Fasteners Limited

  • 5Day Average: 1267.9
  • 12Day Average: 1227.73
  • 20Day Average: 1205.49
  • 50Day Average: 1151.58
  • 100Day Average: 1136.32
  • 150Day Average: 1173.6
  • 200Day Average: 1195.76

SUNDRMFAST Indicators & signals

Indicator MACD (12,26,9)

1237.77, 1201.66, 28.05
Indicator MACD is in positive zone

Indicator ADX (14)

70.84, 36.4, 6.21
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

Recent prices of SUNDRMFAST Sundram Fasteners Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Thu Jun 2024 1291.40 1269.80 to 1319.60 0.9% 1.11 times
12 Wed Jun 2024 1279.85 1259.35 to 1282.60 1.64% 0.5 times
11 Tue Jun 2024 1259.25 1253.35 to 1273.95 0.34% 0.63 times
10 Mon Jun 2024 1255.00 1248.55 to 1290.00 0.08% 0.14 times
07 Fri Jun 2024 1254.00 1235.00 to 1263.00 0.64% 0.21 times
06 Thu Jun 2024 1246.05 1225.00 to 1264.55 1.94% 0.98 times
05 Wed Jun 2024 1222.35 1184.95 to 1249.95 1.82% 0.63 times
04 Tue Jun 2024 1200.55 1185.30 to 1225.00 -2% 1.39 times
03 Mon Jun 2024 1225.10 1200.35 to 1285.95 2.83% 0.68 times
31 Fri May 2024 1191.35 1158.55 to 1223.80 2.96% 4.32 times
30 Thu May 2024 1157.05 1150.10 to 1169.90 0.55% 0.51 times
29 Wed May 2024 1150.75 1146.00 to 1181.80 -0.31% 0.27 times

Technical analysis forecast of Sundram Fasteners Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sundram Fasteners Limited SUNDRMFAST at this time. Stock is rising and might rise more.

It appears as if Sundram Fasteners Limited SUNDRMFAST gave a large move recently.

Stock of Sundram Fasteners Limited (SUNDRMFAST) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Sundram Fasteners Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Sundram Fasteners Limited stays above 1259.5, but if it comes below 1259.5, then a intra day sell could be more profitable.
If you take a sell trade below 1259.5, then use 1259.5 as stoploss and 1214.74 as target. However if you take a buy trade in Sundram Fasteners Limited, then use 1259.5 as stoploss and 1313.2 as target.

More indepth analysis on MunafaSutra.com