MALA NEWS why is 12-month Lows Amex price falling or rising

MALA NEWS reasons for why stock price of 12-month Lows Amex is falling or rising

MALA 12 Month is falling or rising technical reasons

Technical analysis forecast for 12 Month 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 12 Month MALA at this time. Stock is falling and might fall more.

It appears as if 12 Month MALA gave a large move recently.

Stock of 12 Month (MALA) 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 12 Month is bearish for shortterm, and stock might move down till 3.2 or till -0.2. Use a stoploss of 6.02 and if the stock hits stoploss, then it can shoot up till 8.84

MALA 12 Month is falling or rising NEWS fundamental reasons

No further steps for 2 months in connection with Sabarimala airport land acquisition: Kerala HC Kerala High Court's interim order halts state government steps on Sabarimala Greenfield airport land acquisition following a plea by Ayana Charitable Trust alleging illegal property takeover. The trust's legal team resists the action. - NEWS as on 2024-04-25 indiatimes.com

More announcements and NEWS

MALA 12-month Lows Amex current price & indicator signals

Moving Averages for 12-month Lows Amex

  • 5Day Average: 6
  • 12Day Average: 7.33
  • 20Day Average: 6.05
  • 50Day Average: 4.84
  • 100Day Average: 6.08
  • 150Day Average: 7.83
  • 200Day Average: 8.25

MALA Indicators & signals

Indicator MACD (12,26,9)

6.3, 5.83, 0.81
Indicator MACD is in positive zone

Indicator ADX (14)

3.14, 48.87, 52.04
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 MALA 12-month Lows Amex are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 5.00 5.00 to 5.00 66.67% 0.99 times
25 Thu Apr 2024 3.00 3.00 to 3.00 -50% 0.97 times
24 Wed Apr 2024 6.00 6.00 to 6.00 0% 0.97 times
23 Tue Apr 2024 6.00 6.00 to 6.00 -40% 0.99 times
22 Mon Apr 2024 10.00 10.00 to 10.00 25% 1.02 times
19 Fri Apr 2024 8.00 8.00 to 8.00 -27.27% 1.01 times
18 Thu Apr 2024 11.00 11.00 to 11.00 22.22% 0.99 times
17 Wed Apr 2024 9.00 9.00 to 9.00 12.5% 1 times
16 Tue Apr 2024 8.00 8.00 to 8.00 -33.33% 1 times
15 Mon Apr 2024 12.00 12.00 to 12.00 140% 1.04 times
12 Fri Apr 2024 5.00 5.00 to 5.00 0% 1.01 times
11 Thu Apr 2024 5.00 5.00 to 5.00 -28.57% 1.03 times

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