Stock analysis Sikko Industries Limited SIKKO

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Moving Averages for Sikko Industries Limited

5Day Average: 92.25
12Day Average: 95.61
20Day Average: 95.59
50Day Average: 98.39
100Day Average: 98.46
150Day Average: 92.61
200Day Average: 85.93

SIKKO Indicators & signals

Indicator MACD (12,26,9)

94.58, 96.5, -1.26
Indicator MACD is in negative zone

Indicator ADX (14)

5.22, 22.02, 19.83
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SIKKO Sikko Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
30 Thu Jan 2025	90.30	88.20 to 97.00	-2.21%	0.99 times
29 Wed Jan 2025	92.34	88.99 to 94.00	2.15%	0.21 times
28 Tue Jan 2025	90.40	85.46 to 93.49	-0.97%	0.88 times
27 Mon Jan 2025	91.29	90.20 to 95.83	-5.8%	0.38 times
24 Fri Jan 2025	96.91	96.21 to 100.89	-3.23%	0.59 times
23 Thu Jan 2025	100.14	98.69 to 104.99	-0.73%	0.59 times
22 Wed Jan 2025	100.88	98.30 to 112.50	1.98%	6.07 times
21 Tue Jan 2025	98.92	95.50 to 99.79	2.84%	0.6 times
20 Mon Jan 2025	96.19	94.73 to 97.67	-0.9%	0.17 times
17 Fri Jan 2025	97.06	94.60 to 98.88	1.16%	0.24 times
16 Thu Jan 2025	95.95	94.82 to 97.96	-1.03%	0.27 times
15 Wed Jan 2025	96.95	92.80 to 98.10	2.86%	0.25 times

Technical analysis forecast for Sikko Industries 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 Sikko Industries Limited SIKKO at this time. Stock is falling and might fall more.

It appears as if Sikko Industries Limited SIKKO gave a large move recently.

Stock of Sikko Industries Limited (SIKKO) 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 Sikko Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sikko Industries Limited stays below 92.7, but if it comes above 92.7, then a intra day buy could be more profitable.
If you take a sell trade below 92.7, then use 92.7 as stoploss and 88.8 as target. However if you take a buy trade in Sikko Industries Limited, then use 92.7 as stoploss and 95.88 as target.

More indepth analysis on MunafaSutra.com