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Stock analysis Venus Remedies Limited VENUSREM

More indepth analysis on MunafaSutra.com

Moving Averages for Venus Remedies Limited

  • 5Day Average: 330.32
  • 12Day Average: 333.04
  • 20Day Average: 333.59
  • 50Day Average: 339.01
  • 100Day Average: 366.03
  • 150Day Average: 337.15
  • 200Day Average: 303.28

VENUSREM Indicators & signals

Indicator MACD (12,26,9)

331.7, 333.77, -2.02
Indicator MACD is in negative zone

Indicator ADX (14)

4.55, 21.34, 19.48
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
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
25 Thu Apr 2024 328.20 327.75 to 334.65 -0.45% 0.66 times
24 Wed Apr 2024 329.70 326.25 to 340.00 -0.54% 1.59 times
23 Tue Apr 2024 331.50 331.00 to 335.05 -0.6% 0.44 times
22 Mon Apr 2024 333.50 329.30 to 342.15 1.46% 1 times
19 Fri Apr 2024 328.70 323.05 to 342.95 -1.94% 1.38 times
18 Thu Apr 2024 335.20 328.95 to 345.00 2.38% 1.2 times
16 Tue Apr 2024 327.40 313.10 to 330.45 1.9% 1.12 times
15 Mon Apr 2024 321.30 315.00 to 327.90 -2.43% 1.22 times
12 Fri Apr 2024 329.30 326.80 to 342.05 -3.12% 0.84 times
10 Wed Apr 2024 339.90 336.35 to 348.20 -0.8% 0.58 times
09 Tue Apr 2024 342.65 337.40 to 351.90 -1.86% 0.62 times
08 Mon Apr 2024 349.15 343.15 to 361.25 1.16% 1.19 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, 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 Venus Remedies Limited is bearish for shortterm, and stock might move down till 320.4 or till 305.8. Use a stoploss of 332.58 and if the stock hits stoploss, then it can shoot up till 344.77

More indepth analysis on MunafaSutra.com