Stock analysis Varroc Engineering Ltd. VARROC
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Recent prices of VARROC Varroc Engineering Ltd. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Fri Jul 2024 | 629.55 | 623.40 to 638.80 | 0.32% | 0.37 times |
| 25 Thu Jul 2024 | 627.55 | 624.25 to 643.00 | -3.05% | 0.71 times |
| 24 Wed Jul 2024 | 647.30 | 636.00 to 652.85 | 0.55% | 0.45 times |
| 23 Tue Jul 2024 | 643.75 | 597.05 to 654.60 | 0% | 1.01 times |
| 23 Tue Jul 2024 | 643.75 | 597.05 to 654.60 | 3.13% | 1.01 times |
| 22 Mon Jul 2024 | 624.20 | 607.00 to 633.00 | 0.89% | 0.58 times |
| 19 Fri Jul 2024 | 618.70 | 614.25 to 649.70 | -3.87% | 0.9 times |
| 18 Thu Jul 2024 | 643.60 | 636.20 to 669.95 | -3.46% | 1.03 times |
| 16 Tue Jul 2024 | 666.70 | 656.60 to 672.50 | 1.52% | 0.89 times |
| 15 Mon Jul 2024 | 656.70 | 650.15 to 704.80 | -0.04% | 2.96 times |
| 12 Fri Jul 2024 | 656.95 | 649.80 to 669.60 | -1.3% | 0.47 times |
| 11 Thu Jul 2024 | 665.60 | 660.05 to 673.10 | 0.25% | 0.48 times |
Technical analysis forecast for Varroc Engineering 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 Varroc Engineering Ltd. VARROC at this time. Stock is falling and might fall more.
It appears as if Varroc Engineering Ltd. VARROC gave a large move recently.
Stock of Varroc Engineering Ltd. (VARROC) 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 Varroc Engineering Ltd. is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 627 as stoploss in an intra day buy trade for a target of 645.31. However, stock will show a bearish move below 627.