Homepage Active Options Active Stocks

Stock analysis Cummins India Limited CUMMINSIND

More indepth analysis on MunafaSutra.com

Moving Averages for Cummins India Limited

  • 5Day Average: 3122.51
  • 12Day Average: 3206.19
  • 20Day Average: 3307.51
  • 50Day Average: 3413.03
  • 100Day Average: 3565.29
  • 150Day Average: 3648.98
  • 200Day Average: 3585.71

CUMMINSIND Indicators & signals

Indicator MACD (12,26,9)

3198.39, 3301.57, -77.65
Indicator MACD is in negative zone

Indicator ADX (14)

63.47, 7.75, 34.68
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CUMMINSIND Cummins India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 2999.45 2988.90 to 3113.45 -3.51% 0.79 times
09 Thu Jan 2025 3108.50 3088.40 to 3172.70 -1.75% 0.95 times
08 Wed Jan 2025 3163.90 3121.85 to 3215.00 -0.02% 0.56 times
07 Tue Jan 2025 3164.50 3152.05 to 3227.95 -0.37% 0.69 times
06 Mon Jan 2025 3176.20 3151.80 to 3239.95 -1.27% 1.2 times
03 Fri Jan 2025 3216.90 3200.00 to 3299.00 -1.24% 0.9 times
02 Thu Jan 2025 3257.45 3192.75 to 3274.00 0.83% 1.16 times
01 Wed Jan 2025 3230.50 3222.00 to 3274.00 -1.33% 0.32 times
31 Tue Dec 2024 3274.00 3220.95 to 3308.00 1.65% 0.68 times
30 Mon Dec 2024 3220.95 3201.00 to 3303.30 -2.33% 3.12 times
27 Fri Dec 2024 3297.65 3289.00 to 3398.05 -1.98% 0.43 times
26 Thu Dec 2024 3364.25 3178.10 to 3400.00 -0.38% 2.76 times

Technical analysis forecast for Cummins India 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 Cummins India Limited CUMMINSIND at this time. Stock is falling and might fall more.

It appears as if Cummins India Limited CUMMINSIND gave a large move recently.

Stock of Cummins India Limited (CUMMINSIND) 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 Cummins India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cummins India Limited stays below 3105.3, but if it comes above 3105.3, then a intra day buy could be more profitable.
If you take a sell trade below 3105.3, then use 3105.3 as stoploss and 2912.6 as target. However if you take a buy trade in Cummins India Limited, then use 3105.3 as stoploss and 3265.82 as target.

More indepth analysis on MunafaSutra.com