Homepage Active Options Active Stocks

Stock analysis Zim Laboratories Limited ZIMLAB

More indepth analysis on MunafaSutra.com

Moving Averages for Zim Laboratories Limited

  • 5Day Average: 96.27
  • 12Day Average: 97.51
  • 20Day Average: 97.64
  • 50Day Average: 103.59
  • 100Day Average: 108.5
  • 150Day Average: 111.95
  • 200Day Average: 114.41

ZIMLAB Indicators & signals

Indicator MACD (12,26,9)

97.26, 99.13, -2.02
Indicator MACD is in negative zone

Indicator ADX (14)

14.48, 15.12, 20.24
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 66
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ZIMLAB Zim Laboratories Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 95.50 94.80 to 97.80 -0.31% 0.72 times
16 Tue Apr 2024 95.80 94.60 to 96.75 -0.1% 0.45 times
15 Mon Apr 2024 95.90 93.65 to 98.00 -0.88% 0.53 times
12 Fri Apr 2024 96.75 96.10 to 98.70 -0.67% 0.76 times
10 Wed Apr 2024 97.40 96.70 to 100.00 -1.37% 0.96 times
09 Tue Apr 2024 98.75 98.15 to 100.60 -1.2% 0.57 times
08 Mon Apr 2024 99.95 99.35 to 102.70 -1.48% 0.66 times
05 Fri Apr 2024 101.45 97.80 to 103.05 2.99% 1.86 times
04 Thu Apr 2024 98.50 97.85 to 99.85 1.18% 0.43 times
03 Wed Apr 2024 97.35 95.40 to 100.00 1.41% 1.54 times
02 Tue Apr 2024 96.00 94.20 to 101.00 -0.78% 2.24 times
01 Mon Apr 2024 96.75 95.25 to 100.00 1.9% 1.67 times

Technical analysis forecast for Zim Laboratories 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 Zim Laboratories Limited ZIMLAB at this time. Stock is falling and might fall more.

It appears as if Zim Laboratories Limited ZIMLAB gave a large move recently.

Stock of Zim Laboratories Limited (ZIMLAB) 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 Zim Laboratories Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Zim Laboratories Limited stays below 96.5, but if it comes above 96.5, then a intra day buy could be more profitable.
If you take a sell trade below 96.5, then use 96.5 as stoploss and 94.3 as target. However if you take a buy trade in Zim Laboratories Limited, then use 96.5 as stoploss and 98.27 as target.

More indepth analysis on MunafaSutra.com