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Stock analysis Axita Cotton Limited AXITA

More indepth analysis on MunafaSutra.com

Moving Averages for Axita Cotton Limited

  • 5Day Average: 10.81
  • 12Day Average: 10.98
  • 20Day Average: 11.24
  • 50Day Average: 12.22
  • 100Day Average: 15.54
  • 150Day Average: 18.01
  • 200Day Average: 19.1

AXITA Indicators & signals

Indicator MACD (12,26,9)

11.01, 11.45, -0.46
Indicator MACD is in negative zone

Indicator ADX (14)

16.67, 35.9, 25.64
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AXITA Axita Cotton Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 10.60 10.57 to 10.99 -3.46% 0.72 times
09 Thu Jan 2025 10.98 10.90 to 11.34 -0.27% 1.55 times
08 Wed Jan 2025 11.01 10.69 to 11.44 2.99% 0.86 times
07 Tue Jan 2025 10.69 10.61 to 10.94 -0.83% 0.68 times
06 Mon Jan 2025 10.78 10.72 to 11.12 -2.62% 1.24 times
03 Fri Jan 2025 11.07 11.01 to 11.23 -1.34% 0.47 times
02 Thu Jan 2025 11.22 11.15 to 11.48 0.27% 1.36 times
01 Wed Jan 2025 11.19 10.99 to 12.50 1.82% 1.35 times
31 Tue Dec 2024 10.99 10.95 to 11.09 -0.27% 0.51 times
30 Mon Dec 2024 11.02 11.00 to 11.12 -0.36% 0.96 times
27 Fri Dec 2024 11.06 11.00 to 11.22 -0.98% 1 times
26 Thu Dec 2024 11.17 11.15 to 11.30 -0.36% 0.49 times

Technical analysis forecast for Axita Cotton 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 Axita Cotton Limited AXITA at this time. Stock is falling and might fall more.

It appears as if Axita Cotton Limited AXITA gave a large move recently.

Stock of Axita Cotton Limited (AXITA) 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 Axita Cotton Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Axita Cotton Limited stays below 10.9, but if it comes above 10.9, then a intra day buy could be more profitable.
If you take a sell trade below 10.9, then use 10.9 as stoploss and 10.4 as target. However if you take a buy trade in Axita Cotton Limited, then use 10.9 as stoploss and 11.24 as target.

More indepth analysis on MunafaSutra.com