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Stock analysis Vardhman Acrylics Limited VARDHACRLC

More indepth analysis on MunafaSutra.com

Moving Averages for Vardhman Acrylics Limited

  • 5Day Average: 52.77
  • 12Day Average: 53.06
  • 20Day Average: 53.82
  • 50Day Average: 56.48
  • 100Day Average: 59.18
  • 150Day Average: 58.09
  • 200Day Average: 58.46

VARDHACRLC Indicators & signals

Indicator MACD (12,26,9)

53.29, 54.31, -1.2
Indicator MACD is in negative zone

Indicator ADX (14)

2.94, 20.71, 19.53
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VARDHACRLC Vardhman Acrylics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Wed Nov 2024 54.25 52.40 to 55.39 2.69% 3.4 times
26 Tue Nov 2024 52.83 52.60 to 53.59 -0.23% 0.73 times
25 Mon Nov 2024 52.95 52.60 to 53.89 1.3% 0.65 times
22 Fri Nov 2024 52.27 51.39 to 52.40 1.4% 0.83 times
21 Thu Nov 2024 51.55 51.50 to 52.94 -2.05% 1.05 times
19 Tue Nov 2024 52.63 52.00 to 53.00 1.25% 0.41 times
18 Mon Nov 2024 51.98 51.51 to 52.92 -0.82% 0.91 times
14 Thu Nov 2024 52.41 52.25 to 53.45 -0.29% 0.82 times
13 Wed Nov 2024 52.56 52.35 to 53.75 -1.85% 1.45 times
12 Tue Nov 2024 53.55 53.40 to 55.10 -1% 1.51 times
11 Mon Nov 2024 54.09 53.91 to 56.05 -2.75% 1.62 times
08 Fri Nov 2024 55.62 55.10 to 56.65 -0.86% 1.19 times

Technical analysis forecast of Vardhman Acrylics 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 Vardhman Acrylics Limited VARDHACRLC at this time. Stock is rising and might rise more.

It appears as if Vardhman Acrylics Limited VARDHACRLC gave a large move recently.

Stock of Vardhman Acrylics Limited (VARDHACRLC) 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 Vardhman Acrylics Limited is bullish for shortterm, and stock might move up till 55.2 or till 56.8. Use a stoploss of 53.86 and if this stock hits its stoploss, then it can fall down till 52.52

More indepth analysis on MunafaSutra.com