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Stock analysis Laurus Labs Limited LAURUSLABS

More indepth analysis on MunafaSutra.com

Moving Averages for Laurus Labs Limited

  • 5Day Average: 432.08
  • 12Day Average: 437.24
  • 20Day Average: 431.55
  • 50Day Average: 413.48
  • 100Day Average: 407.99
  • 150Day Average: 398.94
  • 200Day Average: 393.92

LAURUSLABS Indicators & signals

Indicator MACD (12,26,9)

432.62, 426.34, 7.92
Indicator MACD is in positive zone

Indicator ADX (14)

2.21, 21.67, 22.65
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LAURUSLABS Laurus Labs Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 436.95 414.60 to 443.85 2.59% 3.39 times
25 Thu Apr 2024 425.90 420.05 to 438.90 -1.96% 1.36 times
24 Wed Apr 2024 434.40 432.85 to 438.40 0.3% 0.29 times
23 Tue Apr 2024 433.10 430.00 to 439.05 0.71% 0.47 times
22 Mon Apr 2024 430.05 427.80 to 435.75 0.83% 0.48 times
19 Fri Apr 2024 426.50 423.50 to 431.30 -1.14% 0.59 times
18 Thu Apr 2024 431.40 429.80 to 446.10 -2.65% 0.58 times
16 Tue Apr 2024 443.15 426.90 to 445.00 3.07% 1.04 times
15 Mon Apr 2024 429.95 424.10 to 439.85 -2.7% 1.6 times
12 Fri Apr 2024 441.90 440.00 to 456.50 -3.83% 1.97 times
10 Wed Apr 2024 459.50 452.10 to 471.00 1.2% 1.63 times
09 Tue Apr 2024 454.05 451.45 to 467.90 -1.82% 1.23 times

Technical analysis forecast of Laurus Labs Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Laurus Labs Limited LAURUSLABS at this time. Stock is rising and might rise more.

It appears as if Laurus Labs Limited LAURUSLABS gave a large move recently.

Stock of Laurus Labs Limited (LAURUSLABS) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Laurus Labs Limited is bullish for shortterm, and stock might move up till 447.6 or till 469.7. Use a stoploss of 429.14 and if this stock hits its stoploss, then it can fall down till 410.71

More indepth analysis on MunafaSutra.com