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Stock analysis Suratwwala Bus Group Ltd SBGLP

More indepth analysis on MunafaSutra.com

Moving Averages for Suratwwala Bus Group Ltd

  • 5Day Average: 114.62
  • 12Day Average: 118.5
  • 20Day Average: 121.1
  • 50Day Average: 124.15
  • 100Day Average: 120.92
  • 150Day Average: 121.2
  • 200Day Average: 120.74

SBGLP Indicators & signals

Indicator MACD (12,26,9)

117.96, 121.11, -2.34
Indicator MACD is in negative zone

Indicator ADX (14)

15.18, 14.26, 19.37
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SBGLP Suratwwala Bus Group Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Thu Jan 2025 117.19 113.63 to 120.00 2.53% 2.47 times
29 Wed Jan 2025 114.30 111.00 to 115.35 2.55% 2.51 times
28 Tue Jan 2025 111.46 110.55 to 116.00 -1.44% 1.05 times
27 Mon Jan 2025 113.09 112.41 to 116.20 -3.4% 0.74 times
24 Fri Jan 2025 117.07 112.82 to 118.85 0% 0.81 times
23 Thu Jan 2025 117.07 116.50 to 120.50 -2.35% 0.93 times
22 Wed Jan 2025 119.89 117.91 to 122.00 -0.73% 0.74 times
21 Tue Jan 2025 120.77 120.09 to 123.80 0.33% 0.65 times
20 Mon Jan 2025 120.37 119.40 to 123.75 -1.87% 0.62 times
17 Fri Jan 2025 122.66 121.15 to 126.25 -1.97% 0.44 times
16 Thu Jan 2025 125.12 122.81 to 126.97 1.71% 1.52 times
15 Wed Jan 2025 123.02 121.25 to 125.73 -0.62% 0.56 times

Technical analysis forecast for Suratwwala Bus Group Ltd 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 Suratwwala Bus Group Ltd SBGLP at this time. Stock is falling and might fall more.

It appears as if Suratwwala Bus Group Ltd SBGLP gave a large move recently.

Stock of Suratwwala Bus Group Ltd (SBGLP) 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 Suratwwala Bus Group Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 115.3 as stoploss in an intra day buy trade for a target of 120.12. However, stock will show a bearish move below 115.3.

More indepth analysis on MunafaSutra.com