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Stock analysis Venus Pipes & Tubes Ltd VENUSPIPES

More indepth analysis on MunafaSutra.com

Moving Averages for Venus Pipes & Tubes Ltd

  • 5Day Average: 1729.25
  • 12Day Average: 1825.76
  • 20Day Average: 1832.73
  • 50Day Average: 2007.7
  • 100Day Average: 2098.14
  • 150Day Average: 2101.13
  • 200Day Average: 2013.35

VENUSPIPES Indicators & signals

Indicator MACD (12,26,9)

1784.7, 1864.85, -60.67
Indicator MACD is in negative zone

Indicator ADX (14)

53.33, 10.46, 34.38
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 35
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of VENUSPIPES Venus Pipes & Tubes Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 1611.60 1589.80 to 1713.70 0.08% 2.58 times
18 Mon Nov 2024 1610.30 1586.25 to 1721.95 -3.84% 2.42 times
14 Thu Nov 2024 1674.55 1660.95 to 1865.60 -10.06% 4.24 times
13 Wed Nov 2024 1861.95 1834.15 to 1905.00 -1.37% 0.67 times
12 Tue Nov 2024 1887.85 1870.05 to 1900.50 -0.28% 0.26 times
11 Mon Nov 2024 1893.10 1831.05 to 1909.00 0.52% 0.67 times
08 Fri Nov 2024 1883.30 1858.85 to 1965.00 -1.08% 0.25 times
07 Thu Nov 2024 1903.90 1884.95 to 1937.30 0.62% 0.36 times
06 Wed Nov 2024 1892.20 1872.95 to 1927.80 0.46% 0.43 times
05 Tue Nov 2024 1883.55 1860.05 to 1893.20 0.31% 0.29 times
04 Mon Nov 2024 1877.75 1867.80 to 1955.05 -2.66% 0.42 times
01 Fri Nov 2024 1929.05 1915.00 to 1945.00 1.11% 0.14 times

Technical analysis forecast for Venus Pipes & Tubes 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 Venus Pipes & Tubes Ltd VENUSPIPES at this time. Stock is falling and might fall more.

It appears as if Venus Pipes & Tubes Ltd VENUSPIPES gave a large move recently.

Stock of Venus Pipes & Tubes Ltd (VENUSPIPES) 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...

Although my analysis for Venus Pipes & Tubes Ltd is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1628.3, for a target of 1740.5 or 1833.95

More indepth analysis on MunafaSutra.com