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Stock analysis Hitech Corporation Limited HITECHCORP

More indepth analysis on MunafaSutra.com

Moving Averages for Hitech Corporation Limited

  • 5Day Average: 214.94
  • 12Day Average: 220.92
  • 20Day Average: 227.4
  • 50Day Average: 236.29
  • 100Day Average: 253.88
  • 150Day Average: 247.75
  • 200Day Average: 240.94

HITECHCORP Indicators & signals

Indicator MACD (12,26,9)

219.98, 227.37, -5.97
Indicator MACD is in negative zone

Indicator ADX (14)

20.86, 17.34, 26.48
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of HITECHCORP Hitech Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Tue Jan 2025 209.32 193.51 to 212.53 2.67% 2.17 times
27 Mon Jan 2025 203.87 202.02 to 219.98 -7.73% 1.57 times
24 Fri Jan 2025 220.94 219.01 to 223.11 0.64% 0.23 times
23 Thu Jan 2025 219.54 218.00 to 225.01 -0.67% 0.51 times
22 Wed Jan 2025 221.03 215.00 to 225.33 -0.65% 1.65 times
21 Tue Jan 2025 222.47 221.00 to 242.89 -2.27% 2.66 times
20 Mon Jan 2025 227.64 226.10 to 231.00 0.11% 0.34 times
17 Fri Jan 2025 227.39 225.00 to 230.79 1.34% 0.46 times
16 Thu Jan 2025 224.38 224.00 to 233.00 -1.56% 1.14 times
15 Wed Jan 2025 227.93 227.11 to 231.09 -0.95% 0.43 times
14 Tue Jan 2025 230.12 218.56 to 234.00 6.34% 1.01 times
13 Mon Jan 2025 216.41 214.00 to 229.75 0% 1.62 times

Technical analysis forecast for Hitech Corporation 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 Hitech Corporation Limited HITECHCORP at this time. Stock is falling and might fall more.

It appears as if Hitech Corporation Limited HITECHCORP gave a large move recently.

Stock of Hitech Corporation Limited (HITECHCORP) 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 Hitech Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Hitech Corporation Limited stays below 213.1, but if it comes above 213.1, then a intra day buy could be more profitable.
If you take a sell trade below 213.1, then use 213.1 as stoploss and 199.4 as target. However if you take a buy trade in Hitech Corporation Limited, then use 213.1 as stoploss and 224.56 as target.

More indepth analysis on MunafaSutra.com