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Stock analysis Supreme Engineering Ltd SUPREMEENG

More indepth analysis on MunafaSutra.com

Moving Averages for Supreme Engineering Ltd

  • 5Day Average: 1.25
  • 12Day Average: 1.1
  • 20Day Average: 1.04
  • 50Day Average: 0.96
  • 100Day Average: 1.08
  • 150Day Average: 1.27
  • 200Day Average: 1.5

SUPREMEENG Indicators & signals

Indicator MACD (12,26,9)

1.15, 1.04, 0.07
Indicator MACD is in positive zone

Indicator ADX (14)

0, 58.33, 58.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUPREMEENG Supreme Engineering Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Wed Feb 2024 1.35 1.30 to 1.35 3.85% 0.69 times
13 Tue Feb 2024 1.30 1.30 to 1.30 4% 0.57 times
12 Mon Feb 2024 1.25 1.20 to 1.25 4.17% 0.97 times
09 Tue Jan 2024 1.20 1.20 to 1.20 4.35% 0.4 times
08 Mon Jan 2024 1.15 1.10 to 1.15 0% 1.29 times
29 Wed Nov 2023 1.15 1.15 to 1.15 4.55% 1.8 times
28 Tue Nov 2023 1.10 1.05 to 1.10 4.76% 2.63 times
24 Fri Nov 2023 1.05 1.05 to 1.05 5% 0.95 times
23 Thu Nov 2023 1.00 1.00 to 1.00 5.26% 0.47 times
22 Wed Nov 2023 0.95 0.95 to 0.95 5.56% 0.35 times
21 Tue Nov 2023 0.90 0.85 to 0.90 5.88% 0.58 times
20 Mon Nov 2023 0.85 0.85 to 0.85 -10.53% 0.47 times

Technical analysis forecast of Supreme Engineering Ltd 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 Supreme Engineering Ltd SUPREMEENG at this time. Stock is rising and might rise more.

It appears as if Supreme Engineering Ltd SUPREMEENG gave a large move recently.

Stock of Supreme Engineering Ltd (SUPREMEENG) 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!

Although my analysis for Supreme Engineering Ltd is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.4, for a target of 1.2 or 1.08

More indepth analysis on MunafaSutra.com