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Stock analysis Somany Ceramics Limited SOMANYCERA

More indepth analysis on MunafaSutra.com

Moving Averages for Somany Ceramics Limited

  • 5Day Average: 623.49
  • 12Day Average: 636.48
  • 20Day Average: 646.36
  • 50Day Average: 664.21
  • 100Day Average: 687.1
  • 150Day Average: 711.1
  • 200Day Average: 698.83

SOMANYCERA Indicators & signals

Indicator MACD (12,26,9)

634.96, 649.86, -11.28
Indicator MACD is in negative zone

Indicator ADX (14)

51.04, 8.86, 27.33
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SOMANYCERA Somany Ceramics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 606.50 603.00 to 623.45 -2.15% 1.03 times
09 Thu Jan 2025 619.80 611.65 to 624.80 -0.76% 1.22 times
08 Wed Jan 2025 624.55 620.10 to 640.00 -1.07% 0.76 times
07 Tue Jan 2025 631.30 607.50 to 637.00 -0.63% 0.88 times
06 Mon Jan 2025 635.30 631.15 to 652.05 -1.22% 1.48 times
03 Fri Jan 2025 643.15 639.00 to 662.90 -0.99% 1.13 times
02 Thu Jan 2025 649.60 646.05 to 661.55 -0.91% 0.78 times
01 Wed Jan 2025 655.55 634.05 to 666.00 2.59% 0.75 times
31 Tue Dec 2024 639.00 635.00 to 661.45 -0.96% 1.19 times
30 Mon Dec 2024 645.20 635.00 to 649.20 0.17% 1.23 times
27 Fri Dec 2024 644.10 640.55 to 649.70 0.05% 0.56 times
26 Thu Dec 2024 643.75 635.20 to 669.95 -1.36% 0.93 times

Technical analysis forecast for Somany Ceramics 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 Somany Ceramics Limited SOMANYCERA at this time. Stock is falling and might fall more.

It appears as if Somany Ceramics Limited SOMANYCERA gave a large move recently.

Stock of Somany Ceramics Limited (SOMANYCERA) 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...

Although my analysis for Somany Ceramics Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 606.5, for a target of 627.3 or 644.69

More indepth analysis on MunafaSutra.com