Stock analysis Punjab Chemicals & Crop Protection Limited PUNJABCHEM

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Moving Averages for Punjab Chemicals & Crop Protection Limited

5Day Average: 1013.16
12Day Average: 1024.05
20Day Average: 1042.85
50Day Average: 1046.11
100Day Average: 1131.73
150Day Average: 1191.78
200Day Average: 1161.38

PUNJABCHEM Indicators & signals

Indicator MACD (12,26,9)

1026.81, 1038.56, -8.59
Indicator MACD is in negative zone

Indicator ADX (14)

8.71, 24.52, 20.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PUNJABCHEM Punjab Chemicals & Crop Protection Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
09 Thu Jan 2025	1022.00	999.70 to 1037.00	2.65%	0.9 times
08 Wed Jan 2025	995.65	990.00 to 1010.30	-1.21%	0.28 times
07 Tue Jan 2025	1007.85	984.10 to 1025.20	0.5%	0.53 times
06 Mon Jan 2025	1002.85	996.65 to 1040.50	-3.34%	0.6 times
03 Fri Jan 2025	1037.45	1030.00 to 1059.00	-1.97%	0.46 times
02 Thu Jan 2025	1058.35	1053.00 to 1084.00	-0.38%	0.68 times
01 Wed Jan 2025	1062.40	1045.90 to 1071.10	0.66%	0.5 times
31 Tue Dec 2024	1055.45	984.95 to 1075.00	6.69%	2.29 times
30 Mon Dec 2024	989.25	987.00 to 1004.00	-0.59%	0.4 times
27 Fri Dec 2024	995.10	983.85 to 1022.00	-0.88%	1.67 times
26 Thu Dec 2024	1003.95	986.00 to 1079.90	-5.13%	2.6 times
24 Tue Dec 2024	1058.25	1032.05 to 1077.35	-1.26%	1.5 times

Technical analysis forecast for Punjab Chemicals & Crop Protection 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 Punjab Chemicals & Crop Protection Limited PUNJABCHEM at this time. Stock is falling and might fall more.

It appears as if Punjab Chemicals & Crop Protection Limited PUNJABCHEM gave a large move recently.

Stock of Punjab Chemicals & Crop Protection Limited (PUNJABCHEM) 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 Punjab Chemicals & Crop Protection Limited is bearish for shortterm, and stock might move down till 998.7 or till 956.4. Use a stoploss of 1034.07 and if the stock hits stoploss, then it can shoot up till 1069.4

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