Today's Opening - 125
Today's High - 125
Today's Low - 121
Today's Closing - 122
The stock has been making daily new lows since 2nd Dec with low volumes.
For the past 10 trading sessions, the stock has been closing lower than the 5-day Exponential Moving Average.
The 2-day Relative Strength Index has remained below 50% for nine days in a row.
For the past nine days, the 20-day Commodity Channel Index has remained below zero.
For the past eight days, the Negative Directional Index has been stronger than the Positive Directional Index.
For the past five days, the 12, 26-day Moving Average Convergence Divergence has turned negaive.
For the last three days, the stock has been taking support at 120. The stock looks very weak and is likely to go down further with 103 acting as the support level. Accumulate on dips. Till the stock convincingly surpasses the resistance level of 146, any upward movement should only be seen as a bottom fishing activity.
Today's High - 125
Today's Low - 121
Today's Closing - 122
The stock has been making daily new lows since 2nd Dec with low volumes.
For the past 10 trading sessions, the stock has been closing lower than the 5-day Exponential Moving Average.
The 2-day Relative Strength Index has remained below 50% for nine days in a row.
For the past nine days, the 20-day Commodity Channel Index has remained below zero.
For the past eight days, the Negative Directional Index has been stronger than the Positive Directional Index.
For the past five days, the 12, 26-day Moving Average Convergence Divergence has turned negaive.
For the last three days, the stock has been taking support at 120. The stock looks very weak and is likely to go down further with 103 acting as the support level. Accumulate on dips. Till the stock convincingly surpasses the resistance level of 146, any upward movement should only be seen as a bottom fishing activity.
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