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Stock analysis Tech Mahindra Limited TECHM

More indepth analysis on MunafaSutra.com

Moving Averages for Tech Mahindra Limited

  • 5Day Average: 1673.92
  • 12Day Average: 1695.6
  • 20Day Average: 1715.45
  • 50Day Average: 1715.16
  • 100Day Average: 1679.84
  • 150Day Average: 1616.41
  • 200Day Average: 1530.06

TECHM Indicators & signals

Indicator MACD (12,26,9)

1694.27, 1710.06, -9.98
Indicator MACD is in negative zone

Indicator ADX (14)

6.92, 19.96, 17.38
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 TECHM Tech Mahindra Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 1705.60 1636.30 to 1714.00 3.82% 1.3 times
09 Thu Jan 2025 1642.80 1638.20 to 1669.50 -1.26% 0.46 times
08 Wed Jan 2025 1663.75 1634.00 to 1669.95 -0.44% 0.4 times
07 Tue Jan 2025 1671.15 1661.50 to 1705.00 -0.9% 0.77 times
06 Mon Jan 2025 1686.30 1675.00 to 1711.30 -0.19% 0.56 times
03 Fri Jan 2025 1689.45 1681.35 to 1729.85 -2.17% 1.44 times
02 Thu Jan 2025 1726.95 1696.00 to 1735.70 1.36% 0.73 times
01 Wed Jan 2025 1703.85 1691.25 to 1717.60 -0.14% 0.42 times
31 Tue Dec 2024 1706.20 1682.45 to 1729.00 -1.99% 0.86 times
30 Mon Dec 2024 1740.85 1693.80 to 1773.60 1.71% 3.99 times
27 Fri Dec 2024 1711.65 1698.70 to 1716.50 0.76% 0.38 times
26 Thu Dec 2024 1698.70 1690.65 to 1714.65 -0.36% 0.39 times

Technical analysis forecast for Tech Mahindra 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 Tech Mahindra Limited TECHM at this time. Stock is falling and might fall more.

It appears as if Tech Mahindra Limited TECHM gave a large move recently.

Stock of Tech Mahindra Limited (TECHM) 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 Tech Mahindra Limited is bearish for shortterm, and stock might move down till 1667.2 or till 1620.6. Use a stoploss of 1705.92 and if the stock hits stoploss, then it can shoot up till 1744.68

More indepth analysis on MunafaSutra.com