Homepage Active Options Active Stocks

Stock analysis Tega Industries Limited TEGA

More indepth analysis on MunafaSutra.com

Moving Averages for Tega Industries Limited

  • 5Day Average: 1941.32
  • 12Day Average: 1879.5
  • 20Day Average: 1857.84
  • 50Day Average: 1781.02
  • 100Day Average: 1720.79
  • 150Day Average: 1605.42
  • 200Day Average: 1498.51

TEGA Indicators & signals

Indicator MACD (12,26,9)

1889.77, 1841.99, 39.12
Indicator MACD is in positive zone

Indicator ADX (14)

33.13, 29.36, 14.75
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TEGA Tega Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Tue Oct 2024 1960.85 1835.95 to 1970.30 3.45% 2.14 times
07 Mon Oct 2024 1895.50 1819.55 to 1933.55 -1.97% 1.59 times
04 Fri Oct 2024 1933.60 1918.00 to 2015.00 -0.44% 1.37 times
03 Thu Oct 2024 1942.20 1924.45 to 1989.00 -1.63% 1.18 times
01 Tue Oct 2024 1974.45 1851.50 to 2034.95 5.35% 3.92 times
30 Mon Sep 2024 1874.25 1811.55 to 1898.00 2.85% 0.48 times
27 Fri Sep 2024 1822.30 1804.55 to 1836.25 0.71% 0.36 times
26 Thu Sep 2024 1809.40 1801.00 to 1829.45 -0.62% 0.21 times
25 Wed Sep 2024 1820.60 1810.65 to 1841.30 0.11% 0.22 times
24 Tue Sep 2024 1818.65 1801.80 to 1859.90 -1.25% 0.19 times
23 Mon Sep 2024 1841.60 1834.65 to 1892.00 -1.02% 0.47 times
20 Fri Sep 2024 1860.55 1800.00 to 1869.25 0.53% 0.81 times

Technical analysis forecast of Tega Industries 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 Tega Industries Limited TEGA at this time. Stock is rising and might rise more.

It appears as if Tega Industries Limited TEGA gave a large move recently.

Stock of Tega Industries Limited (TEGA) 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 Tega Industries Limited 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 1981, for a target of 1914.5 or 1859.09

More indepth analysis on MunafaSutra.com