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Stock analysis Techno Elec & Eng Co. Ltd TECHNOE

More indepth analysis on MunafaSutra.com

Moving Averages for Techno Elec & Eng Co. Ltd

  • 5Day Average: 1077.99
  • 12Day Average: 1188.3
  • 20Day Average: 1285.22
  • 50Day Average: 1433.3
  • 100Day Average: 1509.19
  • 150Day Average: 1352.95
  • 200Day Average: 1202.42

TECHNOE Indicators & signals

Indicator MACD (12,26,9)

1179.98, 1295.98, -93.84
Indicator MACD is in negative zone

Indicator ADX (14)

62.9, 8.83, 38.76
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TECHNOE Techno Elec & Eng Co. Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Thu Jan 2025 1071.80 957.60 to 1087.90 -2.14% 3.15 times
29 Wed Jan 2025 1095.25 1030.00 to 1118.95 6.24% 0.98 times
28 Tue Jan 2025 1030.95 979.00 to 1087.55 -4.71% 1.95 times
27 Mon Jan 2025 1081.90 1045.00 to 1107.95 -2.54% 1.38 times
24 Fri Jan 2025 1110.05 1097.10 to 1210.00 -7.36% 1.98 times
23 Thu Jan 2025 1198.25 1183.55 to 1240.00 -0.17% 0.71 times
22 Wed Jan 2025 1200.35 1190.00 to 1285.00 -6.01% 0.97 times
21 Tue Jan 2025 1277.05 1270.00 to 1325.15 -3.63% 0.24 times
20 Mon Jan 2025 1325.15 1246.35 to 1338.00 2.84% 0.7 times
17 Fri Jan 2025 1288.55 1280.10 to 1319.00 -2.11% 0.32 times
16 Thu Jan 2025 1316.35 1250.70 to 1355.00 4.15% 0.77 times
15 Wed Jan 2025 1263.90 1254.35 to 1327.15 -3.82% 0.92 times

Technical analysis forecast for Techno Elec & Eng Co. Ltd 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 Techno Elec & Eng Co. Ltd TECHNOE at this time. Stock is falling and might fall more.

It appears as if Techno Elec & Eng Co. Ltd TECHNOE gave a large move recently.

Stock of Techno Elec & Eng Co. Ltd (TECHNOE) 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 Techno Elec & Eng Co. Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Techno Elec & Eng Co. Ltd stays below 1096.8, but if it comes above 1096.8, then a intra day buy could be more profitable.
If you take a sell trade below 1096.8, then use 1096.8 as stoploss and 906.2 as target. However if you take a buy trade in Techno Elec & Eng Co. Ltd, then use 1096.8 as stoploss and 1255.59 as target.

More indepth analysis on MunafaSutra.com