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Stock analysis Venky's (India) Limited VENKEYS

More indepth analysis on MunafaSutra.com

Moving Averages for Venky's (India) Limited

  • 5Day Average: 1721.66
  • 12Day Average: 1768.7
  • 20Day Average: 1751.53
  • 50Day Average: 1939.05
  • 100Day Average: 2026.35
  • 150Day Average: 1963.49
  • 200Day Average: 1908.93

VENKEYS Indicators & signals

Indicator MACD (12,26,9)

1748.73, 1802.88, -58.47
Indicator MACD is in negative zone

Indicator ADX (14)

19.14, 19.46, 28.68
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VENKEYS Venky's (India) Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 1721.30 1701.65 to 1758.00 1.27% 0.36 times
18 Mon Nov 2024 1699.65 1673.10 to 1719.15 -0.9% 0.35 times
14 Thu Nov 2024 1715.00 1693.05 to 1731.35 0.09% 0.32 times
13 Wed Nov 2024 1713.40 1703.20 to 1755.50 -2.59% 0.6 times
12 Tue Nov 2024 1758.95 1721.30 to 1779.45 0.87% 0.66 times
11 Mon Nov 2024 1743.75 1715.00 to 1759.00 -0.59% 0.7 times
08 Fri Nov 2024 1754.15 1700.30 to 1772.70 1.27% 0.78 times
07 Thu Nov 2024 1732.10 1720.00 to 1930.00 -8.51% 5.24 times
06 Wed Nov 2024 1893.15 1834.65 to 1918.00 3.46% 0.68 times
05 Tue Nov 2024 1829.75 1815.15 to 1845.00 0.55% 0.26 times
04 Mon Nov 2024 1819.75 1775.75 to 1847.95 -1.28% 0.42 times
01 Fri Nov 2024 1843.40 1816.00 to 1848.95 1.79% 0.09 times

Technical analysis forecast for Venky's (India) 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 Venky's (India) Limited VENKEYS at this time. Stock is falling and might fall more.

It appears as if Venky's (India) Limited VENKEYS gave a large move recently.

Stock of Venky's (India) Limited (VENKEYS) 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 Venky's (India) Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1719 as stoploss in an intra day buy trade for a target of 1777.61. However, stock will show a bearish move below 1719.

More indepth analysis on MunafaSutra.com