SNOWMAN NEWS why is Snowman Logistics Limited price falling or rising

SNOWMAN NEWS reasons for why stock price of Snowman Logistics Limited is falling or rising

SNOWMAN Snowman Logistics is falling or rising technical reasons

Technical analysis forecast for Snowman Logistics 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 Snowman Logistics SNOWMAN at this time. Stock is falling and might fall more.

It appears as if Snowman Logistics SNOWMAN gave a large move recently.

Stock of Snowman Logistics (SNOWMAN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Snowman Logistics is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Snowman Logistics stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 63.3 as target. However if you take a buy trade in Snowman Logistics, then use 67.5 as stoploss and 71.01 as target.

SNOWMAN Snowman Logistics is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-12

Company Announcement Gateway Distriparks Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-02

Company Announcement Snowman Logistics Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-02-23

Company Announcement Snowman Logistics Limited has informed the Exchange about Transcript - NEWS as on 2024-02-22

Company Announcement Snowman Logistics Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial acquisition of shares and takeovers) - NEWS as on 2024-02-20

Company Announcement Snowman Logistics Limited has informed the Exchange about Link of Recording - NEWS as on 2024-02-15

More announcements and NEWS

SNOWMAN Snowman Logistics Limited current price & indicator signals

Moving Averages for Snowman Logistics Limited

  • 5Day Average: 69.53
  • 12Day Average: 72.62
  • 20Day Average: 71.09
  • 50Day Average: 71.51
  • 100Day Average: 68.45
  • 150Day Average: 62.64
  • 200Day Average: 59.52

SNOWMAN Indicators & signals

Indicator MACD (12,26,9)

70.82, 71.04, 0.39
Indicator MACD is in negative zone

Indicator ADX (14)

36, 14.97, 31.82
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SNOWMAN Snowman Logistics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 66.95 66.10 to 69.80 -2.19% 0.68 times
16 Tue Apr 2024 68.45 66.70 to 70.20 0.29% 0.93 times
15 Mon Apr 2024 68.25 61.20 to 69.90 -4.94% 1.49 times
12 Fri Apr 2024 71.80 70.80 to 72.70 -0.55% 0.63 times
10 Wed Apr 2024 72.20 71.75 to 75.20 -3.54% 0.88 times
09 Tue Apr 2024 74.85 72.75 to 76.00 1.22% 0.98 times
08 Mon Apr 2024 73.95 73.50 to 75.70 -1.33% 0.68 times
05 Fri Apr 2024 74.95 74.40 to 76.35 -1.7% 0.75 times
04 Thu Apr 2024 76.25 75.15 to 77.85 1.6% 1.34 times
03 Wed Apr 2024 75.05 74.05 to 76.10 0.4% 0.98 times
02 Tue Apr 2024 74.75 73.40 to 76.10 1.01% 1.36 times
01 Mon Apr 2024 74.00 73.55 to 75.20 0.95% 0.84 times

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SNOWMAN NEWS why is Snowman Logistics Limited price falling or rising

 

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