Petron Engg (PETRONENGG_BE) Technical (Analysis) Reports Petron Engg ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Petron Engg (PETRONENGG_BE)
Technical Analysis Report for NSE stock PETRONENGG_BE Petron Engg. Dated: 18 Feb 2020 Updated Daily. Stock trades in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock PETRONENGG_BE Petron Engg then click here. or read Experts views on Petron Engg or Forecast & share price targets of Petron Engg
PETRONENGG_BE What to do in Intraday & BTST tips
PETRONENGG_BE Tomorrow's Movement
Petron Engg Opened at 5.45 and Closed at: 5.25, which is -4.76% of previous session's close. It moved within a range of 5.25 and 5.45
The session was a Bearish session with an average volume of 86, which is -1130.23% of previous session's volumes.
- The stock has fallen, and its short term trend is also negative and in a downtrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
Support for tomorrow is 5.15 and resistance for tomorrow is 5.35
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 5.18, 5.12 resistance for tomorrow's hourly charts is 5.38, 5.52
10 Day SMA for Petron Engg (PETRONENGG_BE) is 6.43 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Petron Engg (PETRONENGG_BE) is 7.09 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Petron Engg (PETRONENGG_BE) is 7.63 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 7.74 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Petron Engg is 8.41 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Petron Engg is at 7.09 and 200 DMA is at 8.41, while 50 DMA and 100 DMA are at 7.63 and 7.74 respectively
Petron Engg (PETRONENGG_BE) moving average of 20 SMA is at 7.09 and 20 EMA is at 6.83
| Date | Closing Price | 20 SMA | 20 EMA |
| 18 Tue Feb | 5.25 | 7.09 | 6.83 |
| 17 Mon Feb | 5.50 | 7.25 | 7 |
| 14 Fri Feb | 5.75 | 7.4 | 7.16 |
| 13 Thu Feb | 6.05 | 7.54 | 7.31 |
| 12 Wed Feb | 6.35 | 7.65 | 7.44 |
| 10 Mon Feb | 6.65 | 7.75 | 7.56 |
Petron Engg (PETRONENGG_BE) moving average of 50 SMA is at 7.63 and 50 EMA is at 7.42
| Date | Closing Price | 50 SMA | 50 EMA |
| 18 Tue Feb | 5.25 | 7.63 | 7.42 |
| 17 Mon Feb | 5.50 | 7.72 | 7.51 |
| 14 Fri Feb | 5.75 | 7.81 | 7.59 |
| 13 Thu Feb | 6.05 | 7.88 | 7.66 |
| 12 Wed Feb | 6.35 | 7.96 | 7.73 |
| 10 Mon Feb | 6.65 | 8.03 | 7.79 |
Petron Engg (PETRONENGG_BE) moving average of 100 SMA is at 7.74 and 100 EMA is at 8.13
| Date | Closing Price | 100 SMA | 100 EMA |
| 18 Tue Feb | 5.25 | 7.74 | 8.13 |
| 17 Mon Feb | 5.50 | 7.77 | 8.19 |
| 14 Fri Feb | 5.75 | 7.8 | 8.24 |
| 13 Thu Feb | 6.05 | 7.82 | 8.29 |
| 12 Wed Feb | 6.35 | 7.83 | 8.34 |
| 10 Mon Feb | 6.65 | 7.84 | 8.38 |
Petron Engg (PETRONENGG_BE) moving average of 200 SMA is at 8.41 and 200 EMA is at 12.88
| Date | Closing Price | 200 SMA | 200 EMA |
| 18 Tue Feb | 5.25 | 8.41 | 12.88 |
| 17 Mon Feb | 5.50 | 8.47 | 12.96 |
| 14 Fri Feb | 5.75 | 8.53 | 13.04 |
| 13 Thu Feb | 6.05 | 8.59 | 13.11 |
| 12 Wed Feb | 6.35 | 8.64 | 13.18 |
| 10 Mon Feb | 6.65 | 8.7 | 13.25 |
Petron Engg Technical analysis of indicators
Price action analysis of Petron Engg (PETRONENGG_BE) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Petron Engg stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Petron Engg in short term and the sell signal is strong.
Petron Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Petron Engg in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Petron Engg is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.75 and Petron Engg PETRONENGG_BE 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 Petron Engg PETRONENGG_BE stock. Volume based technical analysis of Petron Engg PETRONENGG_BE stock is negative.
Petron Engg 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 PETRONENGG_BE Petron Engg These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And PETRONENGG_BE Experts View which covers a lot of information including buying and selling signals
PETRONENGG_BE future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Petron Engg or View Candle Stick Charts here
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