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Stock analysis Monte Carlo Fashions Limited MONTECARLO

More indepth analysis on MunafaSutra.com

Moving Averages for Monte Carlo Fashions Limited

  • 5Day Average: 732.78
  • 12Day Average: 774.1
  • 20Day Average: 822.14
  • 50Day Average: 829.14
  • 100Day Average: 808.87
  • 150Day Average: 758.15
  • 200Day Average: 731.21

MONTECARLO Indicators & signals

Indicator MACD (12,26,9)

771.72, 808.86, -21.49
Indicator MACD is in negative zone

Indicator ADX (14)

55.95, 9.65, 34.17
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of MONTECARLO Monte Carlo Fashions Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 693.50 682.00 to 719.20 -3.57% 1.18 times
09 Thu Jan 2025 719.15 715.10 to 759.00 -4.09% 0.97 times
08 Wed Jan 2025 749.80 742.45 to 776.95 -2.05% 0.64 times
07 Tue Jan 2025 765.50 741.00 to 774.95 4.02% 1.14 times
06 Mon Jan 2025 735.95 730.00 to 791.05 -6.18% 1.61 times
03 Fri Jan 2025 784.45 782.00 to 815.45 -2.28% 1.27 times
02 Thu Jan 2025 802.75 800.60 to 812.00 0.39% 0.56 times
01 Wed Jan 2025 799.65 798.00 to 813.15 -0.31% 0.44 times
31 Tue Dec 2024 802.15 797.25 to 813.90 -0.54% 0.8 times
30 Mon Dec 2024 806.50 798.05 to 822.00 -0.93% 1.7 times
27 Fri Dec 2024 814.10 807.10 to 827.65 -0.19% 0.87 times
26 Thu Dec 2024 815.65 811.10 to 861.05 -3.99% 1.89 times

Technical analysis forecast for Monte Carlo Fashions 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 Monte Carlo Fashions Limited MONTECARLO at this time. Stock is falling and might fall more.

It appears as if Monte Carlo Fashions Limited MONTECARLO gave a large move recently.

Stock of Monte Carlo Fashions Limited (MONTECARLO) 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 Monte Carlo Fashions Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Monte Carlo Fashions Limited stays below 730.8, but if it comes above 730.8, then a intra day buy could be more profitable.
If you take a sell trade below 730.8, then use 730.8 as stoploss and 649.8 as target. However if you take a buy trade in Monte Carlo Fashions Limited, then use 730.8 as stoploss and 798.33 as target.

More indepth analysis on MunafaSutra.com