Stock analysis Triveni Engineering & Industries Limited TRIVENI

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Moving Averages for Triveni Engineering & Industries Limited

5Day Average: 370.73
12Day Average: 389.91
20Day Average: 396.4
50Day Average: 434.02
100Day Average: 428.41
150Day Average: 406.38
200Day Average: 388.14

TRIVENI Indicators & signals

Indicator MACD (12,26,9)

385.08, 402.03, -14.19
Indicator MACD is in negative zone

Indicator ADX (14)

57.52, 8.91, 33.05
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
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
21 Thu Nov 2024	364.00	356.55 to 368.00	-0.46%	0.8 times
19 Tue Nov 2024	365.70	363.20 to 380.00	-0.46%	0.87 times
18 Mon Nov 2024	367.40	366.10 to 377.50	-2.68%	0.7 times
14 Thu Nov 2024	377.50	374.10 to 388.15	-0.41%	0.74 times
13 Wed Nov 2024	379.05	378.00 to 391.75	-3.11%	0.72 times
12 Tue Nov 2024	391.20	387.50 to 407.90	-1.25%	1.04 times
11 Mon Nov 2024	396.15	394.80 to 405.45	-2.02%	0.68 times
08 Fri Nov 2024	404.30	394.60 to 410.40	-1.19%	0.85 times
07 Thu Nov 2024	409.15	403.50 to 413.40	1.21%	0.76 times
06 Wed Nov 2024	404.25	396.80 to 409.30	-3.09%	2.76 times
05 Tue Nov 2024	417.15	400.60 to 419.00	3.5%	0.87 times
04 Mon Nov 2024	403.05	399.00 to 418.00	-3.44%	0.71 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...

Although my analysis for Triveni Engineering & Industries Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 358.8, for a target of 378.9 or 395.65

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