Stock analysis Rural Electrification Corporation Limited RECLTD
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Recent prices of RECLTD Rural Electrification Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 18 Thu Apr 2024 | 428.65 | 426.05 to 440.30 | -0.16% | 0.85 times |
| 16 Tue Apr 2024 | 429.35 | 420.15 to 432.85 | 0.06% | 1.09 times |
| 15 Mon Apr 2024 | 429.10 | 422.30 to 436.45 | -2.31% | 0.84 times |
| 12 Fri Apr 2024 | 439.25 | 438.25 to 448.80 | -2.05% | 0.98 times |
| 10 Wed Apr 2024 | 448.45 | 442.80 to 453.40 | 1.71% | 0.84 times |
| 09 Tue Apr 2024 | 440.90 | 439.70 to 458.40 | -2.78% | 1.29 times |
| 08 Mon Apr 2024 | 453.50 | 452.60 to 474.15 | -3.84% | 1.38 times |
| 05 Fri Apr 2024 | 471.60 | 465.25 to 476.90 | -0.49% | 0.67 times |
| 04 Thu Apr 2024 | 473.90 | 469.65 to 482.40 | -0.03% | 0.77 times |
| 03 Wed Apr 2024 | 474.05 | 459.05 to 475.20 | 2.21% | 1.27 times |
| 02 Tue Apr 2024 | 463.80 | 452.45 to 465.90 | 0.71% | 0.87 times |
| 01 Mon Apr 2024 | 460.55 | 453.00 to 468.35 | 2.12% | 1.02 times |
Technical analysis forecast for Rural Electrification Corporation 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 Rural Electrification Corporation Limited RECLTD at this time. Stock is falling and might fall more.
It appears as if Rural Electrification Corporation Limited RECLTD gave a large move recently.
Stock of Rural Electrification Corporation Limited (RECLTD) 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 Rural Electrification Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rural Electrification Corporation Limited stays below 432.5, but if it comes above 432.5, then a intra day buy could be more profitable.
If you take a sell trade below 432.5, then use 432.5 as stoploss and 413.5 as target. However if you take a buy trade in Rural Electrification Corporation Limited, then use 432.5 as stoploss and 448.37 as target.