Homepage Active Options Active Stocks

Stock analysis Usha Martin Limited USHAMART

More indepth analysis on MunafaSutra.com

Moving Averages for Usha Martin Limited

  • 5Day Average: 403.9
  • 12Day Average: 412.44
  • 20Day Average: 395.08
  • 50Day Average: 366.78
  • 100Day Average: 370.05
  • 150Day Average: 364.41
  • 200Day Average: 353.79

USHAMART Indicators & signals

Indicator MACD (12,26,9)

403.75, 391, 13.68
Indicator MACD is in positive zone

Indicator ADX (14)

32.01, 26.35, 13.57
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of USHAMART Usha Martin Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Wed Oct 2024 414.90 413.10 to 428.15 0.11% 0.5 times
29 Tue Oct 2024 414.45 402.55 to 422.30 1.11% 0.82 times
28 Mon Oct 2024 409.90 381.35 to 425.40 6.63% 2.6 times
25 Fri Oct 2024 384.40 380.15 to 400.65 -2.89% 0.54 times
24 Thu Oct 2024 395.85 391.30 to 406.00 1.31% 0.51 times
23 Wed Oct 2024 390.75 388.05 to 408.00 -0.82% 0.66 times
22 Tue Oct 2024 394.00 390.00 to 418.00 -6.05% 0.61 times
21 Mon Oct 2024 419.35 406.55 to 437.80 -2.25% 1.13 times
18 Fri Oct 2024 429.00 411.05 to 431.50 2.4% 1.02 times
17 Thu Oct 2024 418.95 416.10 to 439.40 -4.1% 0.85 times
16 Wed Oct 2024 436.85 427.55 to 443.75 -0.91% 1.25 times
15 Tue Oct 2024 440.85 418.05 to 451.00 2.49% 7.22 times

Technical analysis forecast of Usha Martin Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Usha Martin Limited USHAMART at this time. Stock is rising and might rise more.

It appears as if Usha Martin Limited USHAMART gave a large move recently.

Stock of Usha Martin Limited (USHAMART) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Usha Martin Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 429.3 as stoploss in an intra day sell trade for a target of 396.22. However, stock will show a bullish move above 429.3.

More indepth analysis on MunafaSutra.com