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Stock analysis Pitti Engineering Limited PITTIENG

More indepth analysis on MunafaSutra.com

Moving Averages for Pitti Engineering Limited

  • 5Day Average: 1124.86
  • 12Day Average: 1186.74
  • 20Day Average: 1224.91
  • 50Day Average: 1324.38
  • 100Day Average: 1316.69
  • 150Day Average: 1298.7
  • 200Day Average: 1207.89

PITTIENG Indicators & signals

Indicator MACD (12,26,9)

1171.54, 1230.7, -44.66
Indicator MACD is in negative zone

Indicator ADX (14)

75.54, 5.22, 37.46
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 40
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of PITTIENG Pitti Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Mon Feb 2025 1027.40 1012.50 to 1177.95 -10.74% 3.88 times
31 Fri Jan 2025 1151.05 1121.05 to 1159.00 0.78% 0.88 times
30 Thu Jan 2025 1142.10 1132.95 to 1185.30 -2.33% 0.61 times
29 Wed Jan 2025 1169.35 1131.05 to 1175.15 3.08% 0.45 times
28 Tue Jan 2025 1134.40 1079.80 to 1179.00 -2.42% 1.77 times
27 Mon Jan 2025 1162.55 1131.80 to 1203.20 -4.28% 2.42 times
24 Fri Jan 2025 1214.55 1195.05 to 1244.70 -2.06% 0.93 times
23 Thu Jan 2025 1240.10 1218.00 to 1246.95 0% 0.48 times
22 Wed Jan 2025 1240.05 1192.15 to 1248.15 -0.93% 1.23 times
21 Tue Jan 2025 1251.75 1240.00 to 1280.75 -0.69% 0.54 times
20 Mon Jan 2025 1260.45 1231.50 to 1267.75 1.07% 0.68 times
17 Fri Jan 2025 1247.10 1239.95 to 1295.00 -2.94% 0.67 times

Technical analysis forecast for Pitti Engineering 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 Pitti Engineering Limited PITTIENG at this time. Stock is falling and might fall more.

It appears as if Pitti Engineering Limited PITTIENG gave a large move recently.

Stock of Pitti Engineering Limited (PITTIENG) 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 Pitti Engineering 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 1049.8, for a target of 1137.1 or 1209.92

More indepth analysis on MunafaSutra.com