KITEX NEWS why is Kitex Garments Limited price falling or rising

KITEX NEWS reasons for why stock price of Kitex Garments Limited is falling or rising

KITEX Kitex Garments is falling or rising technical reasons

Technical analysis forecast for Kitex Garments 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 Kitex Garments KITEX at this time. Stock is falling and might fall more.

It appears as if Kitex Garments KITEX gave a large move recently.

Stock of Kitex Garments (KITEX) 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 Kitex Garments is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 192.4 as stoploss in an intra day buy trade for a target of 200.55. However, stock will show a bearish move below 192.4.

KITEX Kitex Garments is falling or rising NEWS fundamental reasons

Company Announcement Kitex Garments Limited has informed the Exchange regarding ''. - NEWS as on 2024-04-18

Company Announcement Kitex Garments Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-08

Company Announcement - NEWS as on 2024-03-26

Company Announcement Kitex Garments Limited has informed the Exchange regarding 'Communication made by RTA to shareholders holding shares in physical mode'. - NEWS as on 2024-03-18

Company Announcement Kitex Garments Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-02-01

Company Announcement Kitex Garments Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-11-28

Company Announcement Kitex Garments Limited has informed the Exchange regarding Board meeting held on November 06, 2023. - NEWS as on 2023-11-07

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2023 - NEWS as on 2023-10-26

More announcements and NEWS

KITEX Kitex Garments Limited current price & indicator signals

Moving Averages for Kitex Garments Limited

  • 5Day Average: 196.25
  • 12Day Average: 200.5
  • 20Day Average: 195.14
  • 50Day Average: 224.28
  • 100Day Average: 224.95
  • 150Day Average: 217.8
  • 200Day Average: 211.31

KITEX Indicators & signals

Indicator MACD (12,26,9)

197.91, 203.37, -6.92
Indicator MACD is in negative zone

Indicator ADX (14)

25.98, 17.05, 29.02
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of KITEX Kitex Garments Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 193.60 190.05 to 196.25 -0.74% 0.61 times
18 Thu Apr 2024 195.05 194.60 to 200.90 -0.2% 0.55 times
16 Tue Apr 2024 195.45 191.65 to 198.00 0.31% 0.64 times
15 Mon Apr 2024 194.85 191.20 to 198.10 -3.68% 1.06 times
12 Fri Apr 2024 202.30 200.05 to 205.00 -0.61% 0.73 times
10 Wed Apr 2024 203.55 201.30 to 205.90 0.05% 0.64 times
09 Tue Apr 2024 203.45 201.55 to 208.55 -1.45% 0.61 times
08 Mon Apr 2024 206.45 206.00 to 211.00 -0.51% 0.6 times
05 Fri Apr 2024 207.50 204.40 to 209.00 0.31% 0.65 times
04 Thu Apr 2024 206.85 203.85 to 209.25 1.9% 1.8 times
03 Wed Apr 2024 203.00 194.00 to 205.80 4.67% 2.72 times
02 Tue Apr 2024 193.95 190.10 to 195.10 0.73% 1.08 times

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