539268 NEWS why is Syngene price falling or rising

539268 NEWS reasons for why stock price of Syngene is falling or rising

539268 Syngene is falling or rising technical reasons

Technical analysis forecast for Syngene 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 Syngene 539268 at this time. Stock is falling and might fall more.

It appears as if Syngene 539268 gave a large move recently.

Stock of Syngene (539268) 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 Syngene is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 696.7 as stoploss in an intra day buy trade for a target of 710.26. However, stock will show a bearish move below 696.7.

539268 Syngene is falling or rising NEWS fundamental reasons

Syngene Q4 results: Net profit up 6% to Rs 189 cr, revenue declines 8% Syngene International shares ended the day's trade on BSE at Rs 694.2 apiece, down one per cent - NEWS as on 2024-04-25 business-standard.com

Syngene Q4 Results: Net profit rises 6% to Rs 189 crore, revenue drops 8% The earnings before interest, tax, depreciation and ammortisation dropped 1% YoY to Rs. 333 crore in Q4FY24. The EBITDA margin rose 300 basis points YoY to 36%. - NEWS as on 2024-04-24 indiatimes.com

More announcements and NEWS

539268 Syngene current price & indicator signals

Moving Averages for Syngene

  • 5Day Average: 702.5
  • 12Day Average: 716.08
  • 20Day Average: 715.85
  • 50Day Average: 713.93
  • 100Day Average: 715.48
  • 150Day Average: 725.04
  • 200Day Average: 742.91

539268 Indicators & signals

Indicator MACD (12,26,9)

708.99, 710.54, 1.6
Indicator MACD is in negative zone

Indicator ADX (14)

11.11, 21.21, 26.51
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 539268 Syngene are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 698.95 668.85 to 708.00 0.68% 4.94 times
24 Wed Apr 2024 694.20 691.00 to 711.35 -1% 1.06 times
23 Tue Apr 2024 701.20 694.15 to 712.25 -0.52% 0.55 times
22 Mon Apr 2024 704.85 704.00 to 732.20 -1.18% 0.43 times
19 Fri Apr 2024 713.30 696.15 to 720.40 0.78% 0.55 times
18 Thu Apr 2024 707.75 705.05 to 717.10 -0.33% 0.44 times
16 Tue Apr 2024 710.10 703.55 to 722.90 -1.87% 1.11 times
15 Mon Apr 2024 723.60 721.00 to 748.45 -3.31% 0.85 times
12 Fri Apr 2024 748.40 736.35 to 767.75 2.23% 4.42 times
10 Wed Apr 2024 732.10 729.40 to 740.60 0.23% 0.38 times
09 Tue Apr 2024 730.40 726.00 to 733.70 0.32% 0.2 times
08 Mon Apr 2024 728.10 725.85 to 745.95 -0.1% 0.24 times

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539268 NEWS why is Syngene price falling or rising

 

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