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Stock analysis Venus Remedies Limited VENUSREM

More indepth analysis on MunafaSutra.com

Moving Averages for Venus Remedies Limited

  • 5Day Average: 328.33
  • 12Day Average: 336.16
  • 20Day Average: 334.25
  • 50Day Average: 342.79
  • 100Day Average: 360.79
  • 150Day Average: 346.89
  • 200Day Average: 349.08

VENUSREM Indicators & signals

Indicator MACD (12,26,9)

332.22, 336.66, -3.42
Indicator MACD is in negative zone

Indicator ADX (14)

32.52, 15.48, 30.4
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of VENUSREM Venus Remedies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Wed Oct 2024 309.70 303.65 to 330.00 -9.87% 5.57 times
29 Tue Oct 2024 343.60 338.00 to 350.00 0% 0.97 times
28 Mon Oct 2024 343.60 322.55 to 353.40 6.54% 2.1 times
25 Fri Oct 2024 322.50 318.00 to 337.95 0.08% 2.21 times
24 Thu Oct 2024 322.25 319.10 to 332.60 -1.17% 0.49 times
23 Wed Oct 2024 326.05 322.00 to 332.10 -0.31% 0.6 times
22 Tue Oct 2024 327.05 323.10 to 346.40 -5.19% 0.71 times
21 Mon Oct 2024 344.95 343.85 to 350.00 0.12% 0.62 times
18 Fri Oct 2024 344.55 338.95 to 347.80 -0.4% 0.38 times
17 Thu Oct 2024 345.95 343.10 to 358.00 -2.45% 0.66 times
16 Wed Oct 2024 354.65 346.00 to 357.95 1.59% 1.25 times
15 Tue Oct 2024 349.10 341.50 to 351.90 1.69% 1.12 times

Technical analysis forecast for Venus Remedies 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 Venus Remedies Limited VENUSREM at this time. Stock is falling and might fall more.

It appears as if Venus Remedies Limited VENUSREM gave a large move recently.

Stock of Venus Remedies Limited (VENUSREM) 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.

Although my analysis for Venus Remedies Limited 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 309.1, for a target of 323.2 or 334.89

More indepth analysis on MunafaSutra.com