506690 NEWS why is Unichem Lab price falling or rising

506690 NEWS reasons for why stock price of Unichem Lab is falling or rising

506690 Unichem Lab is falling or rising technical reasons

Technical analysis forecast for Unichem Lab 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 Unichem Lab 506690 at this time. Stock is falling and might fall more.

It appears as if Unichem Lab 506690 gave a large move recently.

Stock of Unichem Lab (506690) 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 Unichem Lab is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Unichem Lab stays below 725.4, but if it comes above 725.4, then a intra day buy could be more profitable.
If you take a sell trade below 725.4, then use 725.4 as stoploss and 673.8 as target. However if you take a buy trade in Unichem Lab, then use 725.4 as stoploss and 768.51 as target.

506690 Unichem Lab is falling or rising NEWS fundamental reasons

More announcements and NEWS

506690 Unichem Lab current price & indicator signals

Moving Averages for Unichem Lab

  • 5Day Average: 718.05
  • 12Day Average: 754.02
  • 20Day Average: 778.31
  • 50Day Average: 811
  • 100Day Average: 709.73
  • 150Day Average: 652.55
  • 200Day Average: 624.25

506690 Indicators & signals

Indicator MACD (12,26,9)

748.03, 776.49, -18.03
Indicator MACD is in negative zone

Indicator ADX (14)

28.08, 14.78, 26.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 506690 Unichem Lab are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Thu Dec 2024 694.75 690.40 to 719.85 -3.24% 1.74 times
24 Tue Dec 2024 718.00 712.40 to 725.10 0.57% 0.29 times
23 Mon Dec 2024 713.95 705.15 to 727.60 -0.59% 1.49 times
20 Fri Dec 2024 718.20 715.95 to 751.10 -3.64% 0.75 times
19 Thu Dec 2024 745.35 742.25 to 770.65 -1.99% 0.35 times
18 Wed Dec 2024 760.45 755.80 to 777.00 -3.07% 0.91 times
17 Tue Dec 2024 784.55 775.40 to 804.05 -1.78% 0.5 times
16 Mon Dec 2024 798.75 750.05 to 839.20 2.08% 2.04 times
13 Fri Dec 2024 782.50 735.15 to 815.75 2.47% 2.69 times
12 Thu Dec 2024 763.65 757.35 to 783.95 -1.46% 0.41 times
11 Wed Dec 2024 775.00 772.05 to 791.40 -2.28% 0.58 times
10 Tue Dec 2024 793.05 778.40 to 807.80 1.5% 1.32 times

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506690 NEWS why is Unichem Lab price falling or rising

 

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