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Stock analysis Ngl Fine Chem Limited NGLFINE

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Moving Averages for Ngl Fine Chem Limited

  • 5Day Average: 1739.34
  • 12Day Average: 1779.73
  • 20Day Average: 1855.19
  • 50Day Average: 1874.69
  • 100Day Average: 1981.27
  • 150Day Average: 2144.43
  • 200Day Average: 2194.66

NGLFINE Indicators & signals

Indicator MACD (12,26,9)

1785.49, 1831.31, -30.81
Indicator MACD is in negative zone

Indicator ADX (14)

38.89, 11.11, 25.26
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 NGLFINE Ngl Fine Chem Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 1713.50 1689.95 to 1780.00 -0.92% 1.66 times
09 Thu Jan 2025 1729.45 1722.05 to 1762.00 -1.43% 0.9 times
08 Wed Jan 2025 1754.50 1737.00 to 1785.75 0.13% 0.59 times
07 Tue Jan 2025 1752.20 1732.85 to 1790.75 0.29% 1.17 times
06 Mon Jan 2025 1747.05 1738.65 to 1811.50 -3.05% 0.77 times
03 Fri Jan 2025 1802.00 1794.00 to 1842.45 -1.08% 0.6 times
02 Thu Jan 2025 1821.70 1809.80 to 1847.45 1.08% 0.56 times
01 Wed Jan 2025 1802.15 1784.15 to 1832.50 -0.5% 1.12 times
31 Tue Dec 2024 1811.15 1770.50 to 1829.00 2.19% 0.67 times
30 Mon Dec 2024 1772.25 1742.35 to 1819.50 -2.01% 1.68 times
27 Fri Dec 2024 1808.65 1791.00 to 1863.75 -1.82% 1.95 times
26 Thu Dec 2024 1842.15 1831.10 to 1950.00 -3.1% 2.47 times

Technical analysis forecast for Ngl Fine Chem 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 Ngl Fine Chem Limited NGLFINE at this time. Stock is falling and might fall more.

It appears as if Ngl Fine Chem Limited NGLFINE gave a large move recently.

Stock of Ngl Fine Chem Limited (NGLFINE) 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 Ngl Fine Chem Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1713.1 as stoploss in an intra day buy trade for a target of 1815.91. However, stock will show a bearish move below 1713.1.

More indepth analysis on MunafaSutra.com