533704 NEWS why is Essar Ship price falling or rising

533704 NEWS reasons for why stock price of Essar Ship is falling or rising

533704 Essar Ship is falling or rising technical reasons

Technical analysis forecast for Essar Ship 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 Essar Ship 533704 at this time. Stock is falling and might fall more.

It appears as if Essar Ship 533704 gave a large move recently.

Stock of Essar Ship (533704) 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 Essar Ship is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Essar Ship stays below 34.3, but if it comes above 34.3, then a intra day buy could be more profitable.
If you take a sell trade below 34.3, then use 34.3 as stoploss and 31.9 as target. However if you take a buy trade in Essar Ship, then use 34.3 as stoploss and 36.39 as target.

533704 Essar Ship is falling or rising NEWS fundamental reasons

More announcements and NEWS

533704 Essar Ship current price & indicator signals

Moving Averages for Essar Ship

  • 5Day Average: 34.7
  • 12Day Average: 35.73
  • 20Day Average: 37.11
  • 50Day Average: 37.48
  • 100Day Average: 39.85
  • 150Day Average: 43.7
  • 200Day Average: 39.67

533704 Indicators & signals

Indicator MACD (12,26,9)

35.71, 36.71, -0.7
Indicator MACD is in negative zone

Indicator ADX (14)

14.29, 22.78, 30.38
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 533704 Essar Ship are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 33.90 33.90 to 35.80 -4.99% 1.15 times
09 Thu Jan 2025 35.68 34.30 to 36.29 2.06% 0.24 times
08 Wed Jan 2025 34.96 34.52 to 36.90 -1.05% 0.56 times
07 Tue Jan 2025 35.33 32.92 to 35.33 4.99% 0.5 times
06 Mon Jan 2025 33.65 33.63 to 35.40 -4.94% 2.82 times
03 Fri Jan 2025 35.40 35.00 to 36.70 -1.64% 1.09 times
02 Thu Jan 2025 35.99 35.72 to 37.88 -0.25% 1.27 times
01 Wed Jan 2025 36.08 35.00 to 36.88 2.18% 0.29 times
31 Tue Dec 2024 35.31 34.66 to 35.60 -3.05% 1.52 times
30 Mon Dec 2024 36.42 36.28 to 39.35 -4.61% 0.98 times
27 Fri Dec 2024 38.18 37.50 to 38.18 1.01% 0.72 times
26 Thu Dec 2024 37.80 37.80 to 39.10 -2% 0.26 times

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533704 NEWS why is Essar Ship price falling or rising

 

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