Stock analysis The Ugar Sugar Works Limited UGARSUGAR
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Recent prices of UGARSUGAR The Ugar Sugar Works Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
19 Tue Nov 2024 | 75.81 | 74.24 to 78.90 | 2.1% | 1.47 times |
18 Mon Nov 2024 | 74.25 | 70.11 to 74.60 | 2.58% | 1.32 times |
14 Thu Nov 2024 | 72.38 | 72.05 to 73.54 | 0.25% | 0.7 times |
13 Wed Nov 2024 | 72.20 | 71.10 to 76.04 | -4.77% | 1.38 times |
12 Tue Nov 2024 | 75.82 | 74.80 to 79.20 | -3.22% | 0.74 times |
11 Mon Nov 2024 | 78.34 | 77.50 to 79.24 | -1.3% | 0.6 times |
08 Fri Nov 2024 | 79.37 | 78.50 to 80.88 | -1.87% | 0.81 times |
07 Thu Nov 2024 | 80.88 | 80.56 to 82.80 | -1.96% | 1.23 times |
06 Wed Nov 2024 | 82.50 | 80.15 to 83.19 | 3.03% | 1.28 times |
05 Tue Nov 2024 | 80.07 | 77.01 to 81.20 | 2.16% | 1.33 times |
04 Mon Nov 2024 | 78.38 | 78.00 to 80.06 | -2.16% | 0.61 times |
01 Fri Nov 2024 | 80.11 | 79.42 to 80.95 | 0.62% | 0.24 times |
Technical analysis forecast for The Ugar Sugar Works 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 The Ugar Sugar Works Limited UGARSUGAR at this time. Stock is falling and might fall more.
It appears as if The Ugar Sugar Works Limited UGARSUGAR gave a large move recently.
Stock of The Ugar Sugar Works Limited (UGARSUGAR) 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 The Ugar Sugar Works Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 74.6 as stoploss in an intra day buy trade for a target of 77.55. However, stock will show a bearish move below 74.6.