BSE Stock 540416 Historical charts - OCTAWARE

Historical charts for Stock 540416 - Share OCTAWARE trades in BSE

Moving Averages for

5Day Average: 23.97
12Day Average: 29.54
20Day Average: 47.08
50Day Average: 50.16
100Day Average: 46.65
150Day Average: 57.05

540416 Indicators & signals

Indicator MACD (12,26,9)

32.25, 42.02, -6.95
Indicator MACD is in negative zone

Indicator ADX (14)

50, 20.11, 60.33
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 540416 are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
02 Wed Apr 2025	24.33	24.33 to 24.33	4.92%	0.77 times
01 Tue Apr 2025	23.19	23.19 to 23.19	4.98%	0.77 times
28 Fri Mar 2025	22.09	22.09 to 22.09	-9.73%	0.77 times
25 Tue Mar 2025	24.47	24.47 to 24.47	-4.97%	0.77 times
24 Mon Mar 2025	25.75	25.75 to 25.75	-4.98%	3.08 times
21 Fri Mar 2025	27.10	27.10 to 27.10	-4.98%	0.77 times
20 Thu Mar 2025	28.52	28.52 to 28.52	-5%	0.77 times
17 Mon Mar 2025	30.02	30.02 to 30.02	-5%	0.77 times
11 Tue Mar 2025	31.60	31.60 to 31.60	-10%	0.77 times
10 Mon Mar 2025	35.11	35.11 to 35.11	-10%	0.77 times
24 Mon Feb 2025	39.01	39.01 to 39.01	-9.99%	0.77 times
21 Fri Feb 2025	43.34	43.34 to 43.34	-19.99%	0.77 times

Technical analysis forecast for 540416 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 540416 540416 at this time. Stock is falling and might fall more.

It appears as if 540416 540416 gave a large move recently.

Stock of 540416 (540416) 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 540416 is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.4 as stoploss in an intra day buy trade for a target of 39.06. However, stock will show a bearish move below 16.4.

Tomorrow's movement Prediction of 540416 is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 23.92

Munafa value: 60

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.