FILATEX NEWS why is Filatex India Limited price falling or rising

FILATEX NEWS reasons for why stock price of Filatex India Limited is falling or rising

FILATEX Filatex India is falling or rising technical reasons

Technical analysis forecast for Filatex India 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 Filatex India FILATEX at this time. Stock is falling and might fall more.

It appears as if Filatex India FILATEX gave a large move recently.

Stock of Filatex India (FILATEX) 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 Filatex India is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Filatex India stays below 56.2, but if it comes above 56.2, then a intra day buy could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 52.7 as target. However if you take a buy trade in Filatex India, then use 56.2 as stoploss and 59.09 as target.

FILATEX Filatex India is falling or rising NEWS fundamental reasons

Company Announcement Filatex India Limited has informed the Exchange about Transcript of the Earnings Conference call held on 2nd May, 2024 for the - NEWS as on 2024-05-09

Company Announcement Filatex India Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-05-03

Company Announcement Filatex India Limited has informed the Exchange about Acquisition of all existing 2,000 Equity Shares of Texfil Private Limited which has become a Wholly Owned Subsidiary Company of Filatex India Limited with effect from 1st May, 2024 - NEWS as on 2024-05-02

Company Announcement Filatex India Limited has informed the Exchange regarding 'Updates on Recycling Chip Project'. - NEWS as on 2024-04-30

Company Announcement - NEWS as on 2024-04-30

Board Meeting to discuss Financial Results/Dividend To consider and approve the financial results for the period ended March 31, 2024 and dividend - NEWS as on 2024-04-23

Company Announcement Filatex India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-03-28

Company Announcement Filatex India Limited has informed the Exchange about Link of Recording - NEWS as on 2024-02-19

More announcements and NEWS

FILATEX Filatex India Limited current price & indicator signals

Moving Averages for Filatex India Limited

  • 5Day Average: 55.99
  • 12Day Average: 59.16
  • 20Day Average: 59.63
  • 50Day Average: 61.46
  • 100Day Average: 59.49
  • 150Day Average: 56.1
  • 200Day Average: 53.07

FILATEX Indicators & signals

Indicator MACD (12,26,9)

58.09, 59.57, -0.84
Indicator MACD is in negative zone

Indicator ADX (14)

27.73, 16.41, 29.01
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FILATEX Filatex India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Tue May 2024 55.65 55.25 to 56.35 0.63% 0.52 times
13 Mon May 2024 55.30 54.60 to 57.00 -2.21% 0.62 times
10 Fri May 2024 56.55 55.10 to 56.85 2.72% 0.59 times
09 Thu May 2024 55.05 54.80 to 58.45 -4.09% 0.99 times
08 Wed May 2024 57.40 57.00 to 58.60 -1.63% 0.75 times
07 Tue May 2024 58.35 57.45 to 59.35 -1.44% 0.67 times
06 Mon May 2024 59.20 58.80 to 61.50 -3.35% 0.8 times
03 Fri May 2024 61.25 59.80 to 61.90 -0.24% 0.98 times
02 Thu May 2024 61.40 61.15 to 64.20 -3.46% 0.83 times
30 Tue Apr 2024 63.60 63.05 to 66.50 1.11% 2.88 times
29 Mon Apr 2024 62.90 62.55 to 64.15 -0.55% 0.89 times
26 Fri Apr 2024 63.25 63.15 to 64.40 -0.94% 1.05 times

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FILATEX NEWS why is Filatex India Limited price falling or rising

 

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