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Stock analysis Zee Entertainment Enterprises Limited ZEEL

More indepth analysis on MunafaSutra.com

Moving Averages for Zee Entertainment Enterprises Limited

  • 5Day Average: 142.26
  • 12Day Average: 144.89
  • 20Day Average: 145.83
  • 50Day Average: 156.04
  • 100Day Average: 199.14
  • 150Day Average: 218.61
  • 200Day Average: 225.98

ZEEL Indicators & signals

Indicator MACD (12,26,9)

144.29, 148.04, -4.17
Indicator MACD is in negative zone

Indicator ADX (14)

21.78, 14.86, 23.14
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ZEEL Zee Entertainment Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 142.70 140.80 to 145.00 1.86% 2.51 times
24 Wed Apr 2024 140.10 139.50 to 144.75 -2.4% 2.03 times
23 Tue Apr 2024 143.55 142.20 to 144.90 1.02% 0.62 times
22 Mon Apr 2024 142.10 141.00 to 145.00 -0.53% 0.63 times
19 Fri Apr 2024 142.85 141.90 to 144.30 -1.35% 0.54 times
18 Thu Apr 2024 144.80 144.00 to 149.75 -1.96% 1.09 times
16 Tue Apr 2024 147.70 141.05 to 148.85 4.12% 1.21 times
15 Mon Apr 2024 141.85 141.20 to 145.00 -3.21% 0.9 times
12 Fri Apr 2024 146.55 146.20 to 150.70 -2.5% 0.71 times
10 Wed Apr 2024 150.30 145.80 to 152.35 2.59% 1.41 times
09 Tue Apr 2024 146.50 146.10 to 151.65 -2.14% 0.86 times
08 Mon Apr 2024 149.70 148.80 to 154.90 -1.74% 0.75 times

Technical analysis forecast for Zee Entertainment Enterprises 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 Zee Entertainment Enterprises Limited ZEEL at this time. Stock is falling and might fall more.

It appears as if Zee Entertainment Enterprises Limited ZEEL gave a large move recently.

Stock of Zee Entertainment Enterprises Limited (ZEEL) 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 Zee Entertainment Enterprises Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 141.4 as stoploss in an intra day buy trade for a target of 146.07. However, stock will show a bearish move below 141.4.

More indepth analysis on MunafaSutra.com