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Stock analysis Veto Switchgears And Cables Limited VETO

More indepth analysis on MunafaSutra.com

Moving Averages for Veto Switchgears And Cables Limited

  • 5Day Average: 119.72
  • 12Day Average: 125.16
  • 20Day Average: 149.26
  • 50Day Average: 155.56
  • 100Day Average: 141.32
  • 150Day Average: 138.28
  • 200Day Average: 134.65

VETO Indicators & signals

Indicator MACD (12,26,9)

130.06, 143.08, -9.6
Indicator MACD is in negative zone

Indicator ADX (14)

50, 10.48, 31.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VETO Veto Switchgears And Cables Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Tue Feb 2025 121.52 119.03 to 122.00 2.13% 3.25 times
03 Mon Feb 2025 118.98 117.61 to 121.89 -0.44% 0.51 times
31 Fri Jan 2025 119.51 117.20 to 122.75 -0.41% 0.88 times
30 Thu Jan 2025 120.00 117.71 to 121.57 1.18% 0.66 times
29 Wed Jan 2025 118.60 115.25 to 119.91 3.57% 0.83 times
28 Tue Jan 2025 114.51 112.42 to 121.59 -4.34% 1.49 times
27 Mon Jan 2025 119.71 118.41 to 130.04 -7.21% 1.43 times
24 Fri Jan 2025 129.01 127.60 to 134.00 -1.73% 1.06 times
23 Thu Jan 2025 131.28 128.16 to 138.71 -3.06% 0.9 times
22 Wed Jan 2025 135.42 130.05 to 137.95 0.12% 0.77 times
21 Tue Jan 2025 135.26 133.50 to 144.85 -2.08% 1.48 times
20 Mon Jan 2025 138.13 136.00 to 149.00 -24.55% 4.47 times

Technical analysis forecast for Veto Switchgears And Cables 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 Veto Switchgears And Cables Limited VETO at this time. Stock is falling and might fall more.

It appears as if Veto Switchgears And Cables Limited VETO gave a large move recently.

Stock of Veto Switchgears And Cables Limited (VETO) 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 Veto Switchgears And Cables Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 108.9 as stoploss in an intra day buy trade for a target of 139.12. However, stock will show a bearish move below 108.9.

More indepth analysis on MunafaSutra.com