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Stock analysis Unichem Laboratories Limited UNICHEMLAB

More indepth analysis on MunafaSutra.com

Moving Averages for Unichem Laboratories Limited

  • 5Day Average: 552.65
  • 12Day Average: 562.86
  • 20Day Average: 571.32
  • 50Day Average: 539.28
  • 100Day Average: 509.7
  • 150Day Average: 479.75
  • 200Day Average: 462.36

UNICHEMLAB Indicators & signals

Indicator MACD (12,26,9)

559.39, 557.4, 7.24
Indicator MACD is in positive zone

Indicator ADX (14)

6.3, 15.7, 17.81
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of UNICHEMLAB Unichem Laboratories Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 554.80 545.00 to 560.00 2.04% 0.87 times
16 Thu May 2024 543.70 541.00 to 557.90 -1.18% 0.43 times
15 Wed May 2024 550.20 538.00 to 563.40 -0.93% 0.97 times
14 Tue May 2024 555.35 550.80 to 563.40 -0.69% 0.14 times
13 Mon May 2024 559.20 545.00 to 571.45 -1.49% 0.58 times
10 Fri May 2024 567.65 558.00 to 579.35 2.26% 0.73 times
09 Thu May 2024 555.10 549.95 to 565.00 -0.88% 0.6 times
08 Wed May 2024 560.05 549.95 to 569.90 0.3% 0.73 times
07 Tue May 2024 558.35 550.00 to 580.45 -1.04% 1.14 times
06 Mon May 2024 564.20 558.90 to 615.65 -6.02% 2.3 times
03 Fri May 2024 600.35 562.20 to 605.00 2.56% 2.39 times
02 Thu May 2024 585.35 566.20 to 591.25 -0.39% 0.7 times

Technical analysis forecast for Unichem Laboratories 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 Unichem Laboratories Limited UNICHEMLAB at this time. Stock is falling and might fall more.

It appears as if Unichem Laboratories Limited UNICHEMLAB gave a large move recently.

Stock of Unichem Laboratories Limited (UNICHEMLAB) 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 Unichem Laboratories Limited is bearish for shortterm, and stock might move down till 543.5 or till 524.2. Use a stoploss of 559.68 and if the stock hits stoploss, then it can shoot up till 575.81

More indepth analysis on MunafaSutra.com