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Stock analysis Shree Cements Limited SHREECEM

More indepth analysis on MunafaSutra.com

Moving Averages for Shree Cements Limited

  • 5Day Average: 25928.01
  • 12Day Average: 25983.89
  • 20Day Average: 26632.8
  • 50Day Average: 25983.04
  • 100Day Average: 25631.29
  • 150Day Average: 26039.94
  • 200Day Average: 25906.82

SHREECEM Indicators & signals

Indicator MACD (12,26,9)

26131.22, 26283.94, -23.79
Indicator MACD is in negative zone

Indicator ADX (14)

13.09, 16.61, 21.61
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHREECEM Shree Cements Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 25738.30 25550.05 to 26061.75 -0.86% 0.97 times
09 Thu Jan 2025 25961.80 25670.05 to 26072.00 -0.25% 0.87 times
08 Wed Jan 2025 26027.45 25798.55 to 26249.95 0.09% 0.59 times
07 Tue Jan 2025 26003.90 25782.60 to 26300.00 0.37% 0.68 times
06 Mon Jan 2025 25908.60 25780.75 to 26327.95 -0.72% 1.07 times
03 Fri Jan 2025 26096.25 26001.00 to 26955.00 -2.22% 0.9 times
02 Thu Jan 2025 26689.90 25587.70 to 26750.95 4.65% 1.35 times
01 Wed Jan 2025 25504.25 25176.10 to 25899.90 -0.74% 0.53 times
31 Tue Dec 2024 25694.20 25637.25 to 26050.00 -0.37% 0.3 times
30 Mon Dec 2024 25790.35 25545.40 to 26449.00 -0.99% 3.22 times
27 Fri Dec 2024 26049.00 25864.65 to 26440.85 -1.11% 0.49 times
26 Thu Dec 2024 26342.70 26236.80 to 26870.90 -1.37% 1.28 times

Technical analysis forecast for Shree Cements 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 Shree Cements Limited SHREECEM at this time. Stock is falling and might fall more.

It appears as if Shree Cements Limited SHREECEM gave a large move recently.

Stock of Shree Cements Limited (SHREECEM) 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 Shree Cements Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25377.6 as stoploss in an intra day buy trade for a target of 26270.29. However, stock will show a bearish move below 25377.6.

More indepth analysis on MunafaSutra.com