INDICES Stock SBES Historical charts - BLO M Emerging Shariah Index [NetTR]

Historical charts for Stock SBES - Share BLO M Emerging Shariah Index [NetTR] trades in INDICES

Moving Averages for

5Day Average: 1775.78
12Day Average: 1803.47
20Day Average: 1801.04
50Day Average: 1824.7
100Day Average: 1827.54
150Day Average: 1814.11

SBES Indicators & signals

Indicator MACD (12,26,9)

1792.78, 1806.74, -8.18
Indicator MACD is in negative zone

Indicator ADX (14)

44.03, 14.05, 36.15
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SBES are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
02 Wed Apr 2025	1768.82	1766.19 to 1776.91	-0.15%	0 times
01 Tue Apr 2025	1771.48	1730.77 to 1771.73	2.32%	0 times
31 Mon Mar 2025	1731.35	1728.01 to 1785.47	-3.03%	0 times
28 Fri Mar 2025	1785.47	1782.49 to 1811.10	-1.99%	0 times
26 Wed Mar 2025	1821.77	1813.21 to 1825.75	0.41%	0 times
24 Mon Mar 2025	1814.25	1805.93 to 1826.74	-0.43%	0 times
21 Fri Mar 2025	1822.13	1818.32 to 1840.07	-0.75%	0 times
20 Thu Mar 2025	1835.86	1823.01 to 1841.41	0.66%	0 times
19 Wed Mar 2025	1823.76	1819.00 to 1844.61	-0.67%	0 times
18 Tue Mar 2025	1836.15	1827.78 to 1841.28	0.59%	0 times
17 Mon Mar 2025	1825.36	1805.19 to 1833.90	1.12%	0 times
14 Fri Mar 2025	1805.19	1784.44 to 1807.06	0.72%	0 times

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

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

Stock of SBES (SBES) 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 SBES is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if SBES stays below 1776.9, but if it comes above 1776.9, then a intra day buy could be more profitable.
If you take a sell trade below 1776.9, then use 1776.9 as stoploss and 1746.4 as target. However if you take a buy trade in SBES, then use 1776.9 as stoploss and 1802.4 as target.

Tomorrow's movement Prediction of SBES is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Munafa value: 45

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.