Homepage Active Options Active Stocks

Stock analysis RAMA STEEL TUBES INR10 RAMASTEEL

More indepth analysis on MunafaSutra.com

Moving Averages for RAMA STEEL TUBES INR10

  • 5Day Average: 11.97
  • 12Day Average: 12.08
  • 20Day Average: 12.31
  • 50Day Average: 12.76
  • 100Day Average: 13.11
  • 150Day Average: 12.43
  • 200Day Average: 12.49

RAMASTEEL Indicators & signals

Indicator MACD (12,26,9)

12.13, 12.39, -0.25
Indicator MACD is in negative zone

Indicator ADX (14)

10, 24.44, 20
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAMASTEEL RAMA STEEL TUBES INR10 are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Thu Jan 2025 12.06 11.82 to 12.66 1.69% 3.4 times
08 Wed Jan 2025 11.86 11.80 to 12.10 -1.08% 1.02 times
07 Tue Jan 2025 11.99 11.70 to 12.10 2.74% 1.04 times
06 Mon Jan 2025 11.67 11.53 to 12.24 -4.89% 1.63 times
03 Fri Jan 2025 12.27 12.22 to 12.47 -0.41% 0.77 times
02 Thu Jan 2025 12.32 12.13 to 12.50 -0.32% 1.09 times
01 Wed Jan 2025 12.36 11.93 to 12.56 2.66% 1.07 times
31 Tue Dec 2024 12.04 11.85 to 12.12 0.17% 0.82 times
30 Mon Dec 2024 12.02 11.95 to 12.19 -1.23% 0.91 times
27 Fri Dec 2024 12.17 12.04 to 12.24 1.08% 0.81 times
26 Thu Dec 2024 12.04 12.00 to 12.25 -0.91% 0.84 times
24 Tue Dec 2024 12.15 12.10 to 12.33 -0.74% 0.9 times

Technical analysis forecast for RAMA STEEL TUBES INR10 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 RAMA STEEL TUBES INR10 RAMASTEEL at this time. Stock is falling and might fall more.

It appears as if RAMA STEEL TUBES INR10 RAMASTEEL gave a large move recently.

Stock of RAMA STEEL TUBES INR10 (RAMASTEEL) 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 RAMA STEEL TUBES INR10 is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.9 as stoploss in an intra day buy trade for a target of 12.28. However, stock will show a bearish move below 11.9.

More indepth analysis on MunafaSutra.com