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Stock analysis Valiant Laboratories Ltd VALIANTLAB

More indepth analysis on MunafaSutra.com

Moving Averages for Valiant Laboratories Ltd

  • 5Day Average: 157.03
  • 12Day Average: 158.13
  • 20Day Average: 160.17
  • 50Day Average: 160.29
  • 100Day Average: 171.15

VALIANTLAB Indicators & signals

Indicator MACD (12,26,9)

157.84, 158.66, -0.52
Indicator MACD is in negative zone

Indicator ADX (14)

22.75, 19.94, 12.55
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VALIANTLAB Valiant Laboratories Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 154.05 151.80 to 168.00 -2.35% 17.05 times
02 Thu May 2024 157.75 156.00 to 159.45 0.45% 0.33 times
30 Tue Apr 2024 157.05 156.65 to 159.90 -1.23% 0.3 times
29 Mon Apr 2024 159.00 155.10 to 160.10 1.08% 0.6 times
26 Fri Apr 2024 157.30 155.85 to 159.65 -0.76% 0.49 times
25 Thu Apr 2024 158.50 155.55 to 159.35 0.63% 1.22 times
24 Wed Apr 2024 157.50 157.10 to 161.95 -1.47% 0.72 times
23 Tue Apr 2024 159.85 158.15 to 161.85 0.92% 0.6 times
22 Mon Apr 2024 158.40 157.60 to 162.55 -0.94% 1.4 times
19 Fri Apr 2024 159.90 155.00 to 161.80 0.82% 2.57 times
18 Thu Apr 2024 158.60 156.35 to 166.60 -0.63% 1.77 times
16 Tue Apr 2024 159.60 156.50 to 163.70 0.13% 1.8 times

Technical analysis forecast for Valiant Laboratories Ltd 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 Valiant Laboratories Ltd VALIANTLAB at this time. Stock is falling and might fall more.

It appears as if Valiant Laboratories Ltd VALIANTLAB gave a large move recently.

Stock of Valiant Laboratories Ltd (VALIANTLAB) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Valiant Laboratories Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 153.8 as stoploss in an intra day buy trade for a target of 158.18. However, stock will show a bearish move below 153.8.

More indepth analysis on MunafaSutra.com