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Stock analysis Siyaram Silk Mills Limited SIYSIL

More indepth analysis on MunafaSutra.com

Moving Averages for Siyaram Silk Mills Limited

  • 5Day Average: 895.03
  • 12Day Average: 895.69
  • 20Day Average: 946.65
  • 50Day Average: 825.81
  • 100Day Average: 662.45
  • 150Day Average: 608.67
  • 200Day Average: 571.69

SIYSIL Indicators & signals

Indicator MACD (12,26,9)

908.09, 892.72, 27.86
Indicator MACD is in positive zone

Indicator ADX (14)

16.36, 26.4, 18.97
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SIYSIL Siyaram Silk Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 881.65 871.15 to 939.00 -6.49% 0.91 times
09 Thu Jan 2025 942.80 861.00 to 969.40 6.4% 1.31 times
08 Wed Jan 2025 886.10 855.75 to 904.65 -1.43% 0.48 times
07 Tue Jan 2025 899.00 869.55 to 924.00 3.86% 0.84 times
06 Mon Jan 2025 865.60 861.00 to 953.00 -8.86% 0.9 times
03 Fri Jan 2025 949.70 940.55 to 999.00 -1.4% 1.07 times
02 Thu Jan 2025 963.15 875.85 to 963.15 10% 2.15 times
01 Wed Jan 2025 875.60 860.45 to 884.60 1.32% 0.46 times
31 Tue Dec 2024 864.20 842.40 to 918.60 1.24% 1.66 times
30 Mon Dec 2024 853.65 851.00 to 886.00 -2.23% 0.47 times
27 Fri Dec 2024 873.15 869.50 to 928.05 -2.29% 0.66 times
26 Thu Dec 2024 893.65 869.05 to 947.15 -4.31% 1.77 times

Technical analysis forecast for Siyaram Silk Mills 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 Siyaram Silk Mills Limited SIYSIL at this time. Stock is falling and might fall more.

It appears as if Siyaram Silk Mills Limited SIYSIL gave a large move recently.

Stock of Siyaram Silk Mills Limited (SIYSIL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Siyaram Silk Mills Limited is bearish for shortterm, and stock might move down till 822.3 or till 724.2. Use a stoploss of 904.15 and if the stock hits stoploss, then it can shoot up till 985.95

More indepth analysis on MunafaSutra.com