Today's Opening - 212
Today's High - 213
Today's Low - 209
Today's Closing - 209
Lowest closing since 9th May, 2014.
The 20-day Commodity Channel Index has been negative since 3rd Dec
The 2-day Relative Strength Index has been below 50% since 3rd Dec.
The 12, 26-day Moving Average Convergence Divergence has been negative since 7th Dec.
The 10-day Rate Of Change has been negative for the past eight sessions.
The closing has been below the 5-day Exponential Moving Average for the past five sessions.
The stock has lost 11% over the past one month. On 18th Dec, I'd mentioned that the stock has a support at 220. Now that the support level is broken, the stock might try to consolidate at the current levels over the next 3-4 sessions before proceeding further down. The next support is only at 145. Do not get carried away by any upward movement over the next 3-4 days. Keep accumulating on every drop.
Today's High - 213
Today's Low - 209
Today's Closing - 209
Lowest closing since 9th May, 2014.
The 20-day Commodity Channel Index has been negative since 3rd Dec
The 2-day Relative Strength Index has been below 50% since 3rd Dec.
The 12, 26-day Moving Average Convergence Divergence has been negative since 7th Dec.
The 10-day Rate Of Change has been negative for the past eight sessions.
The closing has been below the 5-day Exponential Moving Average for the past five sessions.
The stock has lost 11% over the past one month. On 18th Dec, I'd mentioned that the stock has a support at 220. Now that the support level is broken, the stock might try to consolidate at the current levels over the next 3-4 sessions before proceeding further down. The next support is only at 145. Do not get carried away by any upward movement over the next 3-4 days. Keep accumulating on every drop.
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