Stock analysis Weizmann Limited WEIZMANIND

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Moving Averages for Weizmann Limited

5Day Average: 130.39
12Day Average: 122.15
20Day Average: 120.88
50Day Average: 111.18
100Day Average: 114.92
150Day Average: 110.51
200Day Average: 107.03

WEIZMANIND Indicators & signals

Indicator MACD (12,26,9)

124.06, 118.74, 4.06
Indicator MACD is in positive zone

Indicator ADX (14)

35.15, 28.94, 13.89
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WEIZMANIND Weizmann Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
29 Mon Apr 2024	128.60	125.25 to 131.40	-0.81%	0.19 times
26 Fri Apr 2024	129.65	126.90 to 134.85	-2.15%	0.26 times
25 Thu Apr 2024	132.50	131.05 to 139.85	-6.85%	1.11 times
24 Wed Apr 2024	142.25	119.55 to 142.70	19.59%	7.59 times
23 Tue Apr 2024	118.95	114.05 to 119.95	3.61%	0.17 times
22 Mon Apr 2024	114.80	114.15 to 118.95	-0.22%	0.1 times
19 Fri Apr 2024	115.05	114.00 to 117.85	-0.86%	0.05 times
18 Thu Apr 2024	116.05	115.20 to 124.00	-2.72%	0.1 times
16 Tue Apr 2024	119.30	112.05 to 123.95	5.95%	0.41 times
15 Mon Apr 2024	112.60	111.00 to 122.75	-4.5%	0.09 times
12 Fri Apr 2024	117.90	116.50 to 123.95	-0.17%	0.11 times
10 Wed Apr 2024	118.10	116.70 to 121.00	-0.96%	0.07 times

Technical analysis forecast of Weizmann Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Weizmann Limited WEIZMANIND at this time. Stock is rising and might rise more.

It appears as if Weizmann Limited WEIZMANIND gave a large move recently.

Stock of Weizmann Limited (WEIZMANIND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Weizmann Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Weizmann Limited stays above 128.1, but if it comes below 128.1, then a intra day sell could be more profitable.
If you take a sell trade below 128.1, then use 128.1 as stoploss and 120.51 as target. However if you take a buy trade in Weizmann Limited, then use 128.1 as stoploss and 137.3 as target.

More indepth analysis on MunafaSutra.com