Stock analysis Texmaco Rail & Engineering Limited TEXRAIL
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Recent prices of TEXRAIL Texmaco Rail & Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 18 Thu Apr 2024 | 165.90 | 165.05 to 171.50 | -0.09% | 0.54 times |
| 16 Tue Apr 2024 | 166.05 | 162.15 to 168.10 | 1.44% | 0.61 times |
| 15 Mon Apr 2024 | 163.70 | 161.10 to 166.50 | -3.62% | 1.14 times |
| 12 Fri Apr 2024 | 169.85 | 167.20 to 173.30 | 0.5% | 0.93 times |
| 10 Wed Apr 2024 | 169.00 | 168.50 to 172.05 | -1.77% | 0.64 times |
| 09 Tue Apr 2024 | 172.05 | 170.45 to 174.75 | -0.86% | 0.9 times |
| 08 Mon Apr 2024 | 173.55 | 171.20 to 174.75 | 0.73% | 0.87 times |
| 05 Fri Apr 2024 | 172.30 | 168.00 to 172.75 | 0.61% | 1.24 times |
| 04 Thu Apr 2024 | 171.25 | 170.00 to 174.25 | -0.26% | 0.94 times |
| 03 Wed Apr 2024 | 171.70 | 168.75 to 173.80 | 0.59% | 1.31 times |
| 02 Tue Apr 2024 | 170.70 | 168.60 to 172.25 | -0.87% | 1.41 times |
| 01 Mon Apr 2024 | 172.20 | 166.20 to 175.00 | 4.49% | 1.66 times |
Technical analysis forecast for Texmaco Rail & Engineering 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 Texmaco Rail & Engineering Limited TEXRAIL at this time. Stock is falling and might fall more.
It appears as if Texmaco Rail & Engineering Limited TEXRAIL gave a large move recently.
Stock of Texmaco Rail & Engineering Limited (TEXRAIL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Texmaco Rail & Engineering Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 165.3 as stoploss in an intra day buy trade for a target of 169.57. However, stock will show a bearish move below 165.3.