Stock analysis Tbo Tek Limited TBOTEK

More indepth analysis on MunafaSutra.com

Moving Averages for Tbo Tek Limited

5Day Average: 1589.6
12Day Average: 1635.94
20Day Average: 1682.36
50Day Average: 1648.12
100Day Average: 1671.22
150Day Average: 1694.1

TBOTEK Indicators & signals

Indicator MACD (12,26,9)

1628.52, 1656.26, -10.39
Indicator MACD is in negative zone

Indicator ADX (14)

39.89, 10.3, 23.98
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of TBOTEK Tbo Tek Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Tue Jan 2025	1570.25	1488.05 to 1609.30	0.45%	0.54 times
27 Mon Jan 2025	1563.15	1450.00 to 1669.05	-2.17%	4.84 times
24 Fri Jan 2025	1597.75	1578.00 to 1653.20	-1.9%	0.24 times
23 Thu Jan 2025	1628.75	1578.65 to 1650.90	2.56%	0.3 times
22 Wed Jan 2025	1588.10	1580.00 to 1636.10	-1.86%	0.32 times
21 Tue Jan 2025	1618.15	1610.05 to 1655.00	-2.35%	0.35 times
20 Mon Jan 2025	1657.10	1632.00 to 1708.30	-0.67%	1.77 times
17 Fri Jan 2025	1668.30	1651.00 to 1723.35	-1.74%	0.58 times
16 Thu Jan 2025	1697.90	1666.05 to 1725.20	-0.11%	0.54 times
15 Wed Jan 2025	1699.70	1685.00 to 1717.05	1.03%	0.6 times
14 Tue Jan 2025	1682.30	1625.30 to 1733.35	1.36%	0.45 times
13 Mon Jan 2025	1659.80	1607.80 to 1697.75	0%	1.55 times

Technical analysis forecast for Tbo Tek 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 Tbo Tek Limited TBOTEK at this time. Stock is falling and might fall more.

It appears as if Tbo Tek Limited TBOTEK gave a large move recently.

Stock of Tbo Tek Limited (TBOTEK) 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 Tbo Tek Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tbo Tek Limited stays below 1578, but if it comes above 1578, then a intra day buy could be more profitable.
If you take a sell trade below 1578, then use 1578 as stoploss and 1491.8 as target. However if you take a buy trade in Tbo Tek Limited, then use 1578 as stoploss and 1649.81 as target.

More indepth analysis on MunafaSutra.com