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Stock analysis Triveni Engineering & Industries Limited TRIVENI

More indepth analysis on MunafaSutra.com

Moving Averages for Triveni Engineering & Industries Limited

  • 5Day Average: 316.63
  • 12Day Average: 316.88
  • 20Day Average: 324.47
  • 50Day Average: 333.9
  • 100Day Average: 343.53
  • 150Day Average: 349.34
  • 200Day Average: 334.74

TRIVENI Indicators & signals

Indicator MACD (12,26,9)

319.38, 325.79, -5.68
Indicator MACD is in negative zone

Indicator ADX (14)

26.73, 14.02, 24.25
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TRIVENI Triveni Engineering & Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Thu Mar 2024 311.10 308.10 to 319.20 -1.03% 1.07 times
27 Wed Mar 2024 314.35 313.00 to 322.40 -1.66% 0.86 times
26 Tue Mar 2024 319.65 315.50 to 322.60 0.47% 0.77 times
22 Fri Mar 2024 318.15 315.95 to 323.05 -0.55% 1.15 times
21 Thu Mar 2024 319.90 318.50 to 323.85 0.36% 0.51 times
20 Wed Mar 2024 318.75 312.35 to 319.95 0.63% 0.67 times
19 Tue Mar 2024 316.75 315.45 to 324.30 -2.03% 1.01 times
18 Mon Mar 2024 323.30 312.95 to 325.25 2.37% 1.02 times
15 Fri Mar 2024 315.80 308.00 to 322.00 0.48% 0.8 times
14 Thu Mar 2024 314.30 305.00 to 322.75 2.11% 0.91 times
13 Wed Mar 2024 307.80 304.50 to 329.75 -4.62% 2.27 times
12 Tue Mar 2024 322.70 322.00 to 339.00 -3.64% 1.37 times

Technical analysis forecast for Triveni Engineering & Industries 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 Triveni Engineering & Industries Limited TRIVENI at this time. Stock is falling and might fall more.

It appears as if Triveni Engineering & Industries Limited TRIVENI gave a large move recently.

Stock of Triveni Engineering & Industries Limited (TRIVENI) 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 Triveni Engineering & Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Triveni Engineering & Industries Limited stays below 312, but if it comes above 312, then a intra day buy could be more profitable.
If you take a sell trade below 312, then use 312 as stoploss and 298.2 as target. However if you take a buy trade in Triveni Engineering & Industries Limited, then use 312 as stoploss and 323.44 as target.

More indepth analysis on MunafaSutra.com