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Stock analysis Davangere Sugar Company L DAVANGERE

More indepth analysis on MunafaSutra.com

Moving Averages for Davangere Sugar Company L

  • 5Day Average: 5.33
  • 12Day Average: 5.43
  • 20Day Average: 5.53
  • 50Day Average: 5.92
  • 100Day Average: 6.38
  • 150Day Average: 6.98
  • 200Day Average: 24.79

DAVANGERE Indicators & signals

Indicator MACD (12,26,9)

5.45, 5.62, -0.16
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 30.43, 34.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAVANGERE Davangere Sugar Company L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 5.18 5.09 to 5.38 -3.54% 0.74 times
09 Thu Jan 2025 5.37 5.35 to 5.48 0% 0.72 times
08 Wed Jan 2025 5.37 5.35 to 5.50 0% 0.53 times
07 Tue Jan 2025 5.37 5.35 to 5.52 0.56% 0.93 times
06 Mon Jan 2025 5.34 5.20 to 5.77 -7.29% 1.28 times
03 Fri Jan 2025 5.76 5.71 to 5.90 -1.2% 0.59 times
02 Thu Jan 2025 5.83 5.80 to 5.99 0.17% 1.19 times
01 Wed Jan 2025 5.82 5.30 to 6.00 10.02% 2.87 times
31 Tue Dec 2024 5.29 5.20 to 5.31 1.54% 0.53 times
30 Mon Dec 2024 5.21 5.18 to 5.37 -1.88% 0.81 times
27 Fri Dec 2024 5.31 5.28 to 5.42 -0.93% 0.57 times
26 Thu Dec 2024 5.36 5.25 to 5.42 1.9% 0.48 times

Technical analysis forecast for Davangere Sugar Company L 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 Davangere Sugar Company L DAVANGERE at this time. Stock is falling and might fall more.

It appears as if Davangere Sugar Company L DAVANGERE gave a large move recently.

Stock of Davangere Sugar Company L (DAVANGERE) 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 Davangere Sugar Company L is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Davangere Sugar Company L stays below 5.3, but if it comes above 5.3, then a intra day buy could be more profitable.
If you take a sell trade below 5.3, then use 5.3 as stoploss and 5 as target. However if you take a buy trade in Davangere Sugar Company L, then use 5.3 as stoploss and 5.55 as target.

More indepth analysis on MunafaSutra.com