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Stock analysis Finolex Industries Limited FINPIPE

More indepth analysis on MunafaSutra.com

Moving Averages for Finolex Industries Limited

  • 5Day Average: 232.98
  • 12Day Average: 241.62
  • 20Day Average: 243.89
  • 50Day Average: 263.22
  • 100Day Average: 281.54
  • 150Day Average: 292.51
  • 200Day Average: 291.16

FINPIPE Indicators & signals

Indicator MACD (12,26,9)

238.81, 248.25, -7.82
Indicator MACD is in negative zone

Indicator ADX (14)

42.14, 12.99, 31.9
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FINPIPE Finolex Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 219.70 217.00 to 225.55 -2.64% 0.22 times
09 Thu Jan 2025 225.65 224.30 to 233.40 -3.01% 0.21 times
08 Wed Jan 2025 232.65 231.55 to 241.95 -3.08% 0.17 times
07 Tue Jan 2025 240.05 239.50 to 249.80 -2.75% 0.15 times
06 Mon Jan 2025 246.85 241.05 to 249.90 -0.7% 0.16 times
03 Fri Jan 2025 248.60 247.10 to 254.50 -0.04% 0.13 times
02 Thu Jan 2025 248.70 246.30 to 252.65 -0.04% 0.11 times
01 Wed Jan 2025 248.80 248.05 to 255.10 -1.09% 0.13 times
31 Tue Dec 2024 251.55 239.55 to 254.75 3.33% 0.24 times
30 Mon Dec 2024 243.45 241.60 to 254.75 -4.92% 0.53 times
27 Fri Dec 2024 256.05 238.05 to 266.40 7.86% 8.17 times
26 Thu Dec 2024 237.40 236.10 to 241.90 -1.64% 0.04 times

Technical analysis forecast for Finolex Industries 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 Finolex Industries Limited FINPIPE at this time. Stock is falling and might fall more.

It appears as if Finolex Industries Limited FINPIPE gave a large move recently.

Stock of Finolex Industries Limited (FINPIPE) 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...

Although my analysis for Finolex Industries Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 222.9, for a target of 234.7 or 244.56

More indepth analysis on MunafaSutra.com