Menon Bearings (MENONBE) Technical (Analysis) Reports Menon Bearings ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Menon Bearings (MENONBE)
Technical Analysis Report for NSE stock MENONBE Menon Bearings. Dated: 25 Nov 2024 Updated Daily. Stock trades under Auto Parts & Equipment in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock MENONBE Menon Bearings then click here. or read Experts views on Menon Bearings or Forecast & share price targets of Menon Bearings
Menon Bearings Opened at 120.01 and Closed at: 121.51, which is 2.08% of previous session's close. It moved within a range of 120.01 and 124.29
The session was a Bullish session with an average volume of 16442, which is -19.18% of previous session's volumes.
- There is some positive change in the short term trend, but its too soon to jump onto conclusions.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.
A Golden cross was found 9 days back on short term averages
Support for tomorrow is 120.76 and resistance for tomorrow is 125.04
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 119.58, 117.66 resistance for tomorrow's hourly charts is 123.86, 126.22
10 Day SMA for Menon Bearings (MENONBE) is 122.9 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Menon Bearings (MENONBE) is 121.51 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Menon Bearings (MENONBE) is 124.59 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 126.92 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Menon Bearings is 127.04 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Menon Bearings is at 121.51 and 200 DMA is at 127.04, while 50 DMA and 100 DMA are at 124.59 and 126.92 respectively
Menon Bearings (MENONBE) moving average of 20 SMA is at 121.51 and 20 EMA is at 122.12
| Date | Closing Price | 20 SMA | 20 EMA |
| 25 Mon Nov | 121.51 | 121.51 | 122.12 |
| 22 Fri Nov | 118.98 | 121.42 | 122.18 |
| 21 Thu Nov | 118.79 | 121.43 | 122.52 |
| 19 Tue Nov | 122.01 | 121.54 | 122.91 |
| 18 Mon Nov | 123.32 | 121.57 | 123 |
| 14 Thu Nov | 121.81 | 121.61 | 122.97 |
Menon Bearings (MENONBE) moving average of 50 SMA is at 124.59 and 50 EMA is at 123.75
| Date | Closing Price | 50 SMA | 50 EMA |
| 25 Mon Nov | 121.51 | 124.59 | 123.75 |
| 22 Fri Nov | 118.98 | 124.6 | 123.84 |
| 21 Thu Nov | 118.79 | 124.66 | 124.04 |
| 19 Tue Nov | 122.01 | 124.71 | 124.25 |
| 18 Mon Nov | 123.32 | 124.72 | 124.34 |
| 14 Thu Nov | 121.81 | 124.74 | 124.38 |
Menon Bearings (MENONBE) moving average of 100 SMA is at 126.92 and 100 EMA is at 125.61
| Date | Closing Price | 100 SMA | 100 EMA |
| 25 Mon Nov | 121.51 | 126.92 | 125.61 |
| 22 Fri Nov | 118.98 | 127.08 | 125.69 |
| 21 Thu Nov | 118.79 | 127.22 | 125.83 |
| 19 Tue Nov | 122.01 | 127.41 | 125.97 |
| 18 Mon Nov | 123.32 | 127.56 | 126.05 |
| 14 Thu Nov | 121.81 | 127.72 | 126.11 |
Menon Bearings (MENONBE) moving average of 200 SMA is at 127.04 and 200 EMA is at 127.9
| Date | Closing Price | 200 SMA | 200 EMA |
| 25 Mon Nov | 121.51 | 127.04 | 127.9 |
| 22 Fri Nov | 118.98 | 127.13 | 127.96 |
| 21 Thu Nov | 118.79 | 127.27 | 128.05 |
| 19 Tue Nov | 122.01 | 127.4 | 128.14 |
| 18 Mon Nov | 123.32 | 127.52 | 128.2 |
| 14 Thu Nov | 121.81 | 127.61 | 128.25 |
Menon Bearings has performed better than Bosch in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Bharat Gears in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Exide Industries in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Fiem Industries in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Federal Mogul in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Gabriel India in short term. Holding Menon Bearings could be a better choice for now!
Igarashi Motors has performed better than Menon Bearings in short term. You could have earned much better returns by investing in Igarashi Motors, about 3.73% more returns!
India Nippon has performed better than Menon Bearings in short term. You could have earned much better returns by investing in India Nippon, about 1.24% more returns!
Menon Bearings has performed better than Jbm Auto in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Lumax Industries in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Omax Autos in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Rane Holdings in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Setco Automotive in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Shanthi Gears in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Sundram Fasteners in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Suprajit Engineering in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings has performed better than Talbros Automotive in short term. Holding Menon Bearings could be a better choice for now!
Menon Bearings Technical analysis of indicators
Price action analysis of Menon Bearings (MENONBE) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Menon Bearings stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Menon Bearings in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Menon Bearings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Menon Bearings in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Menon Bearings is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 124.49 and Menon Bearings MENONBE stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Menon Bearings MENONBE stock. Volume based technical analysis of Menon Bearings MENONBE stock is negative.
Menon Bearings Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock MENONBE Menon Bearings These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And MENONBE Experts View which covers a lot of information including buying and selling signals
MENONBE future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Menon Bearings or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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