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SKML NEWS why is Sri Krishna Metcom Ltd price falling or rising

SKML NEWS reasons for why stock price of Sri Krishna Metcom Ltd is falling or rising

SKML Sri Krishna is falling or rising technical reasons

Technical analysis forecast for Sri Krishna 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 Sri Krishna SKML at this time. Stock is falling and might fall more.

It appears as if Sri Krishna SKML gave a large move recently.

Stock of Sri Krishna (SKML) 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 Sri Krishna is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sri Krishna stays below 57.2, but if it comes above 57.2, then a intra day buy could be more profitable.
If you take a sell trade below 57.2, then use 57.2 as stoploss and 52.9 as target. However if you take a buy trade in Sri Krishna, then use 57.2 as stoploss and 60.83 as target.

SKML Sri Krishna is falling or rising NEWS fundamental reasons

More announcements and NEWS

SKML Sri Krishna Metcom Ltd current price & indicator signals

Moving Averages for Sri Krishna Metcom Ltd

  • 5Day Average: 59.78
  • 12Day Average: 62.58
  • 20Day Average: 62.28
  • 50Day Average: 55.63

SKML Indicators & signals

Indicator MACD (12,26,9)

61.2, 60.08, 2.33
Indicator MACD is in positive zone

Indicator ADX (14)

4.27, 44.1, 48.03
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SKML Sri Krishna Metcom Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Wed Jun 2018 56.70 56.70 to 56.70 -7.05% 0.3 times
01 Fri Jun 2018 61.00 61.00 to 61.00 -1.61% 1.21 times
26 Thu Apr 2018 62.00 57.00 to 62.00 8.77% 1.52 times
25 Wed Apr 2018 57.00 57.00 to 57.00 -8.36% 0.3 times
12 Thu Apr 2018 62.20 62.20 to 62.20 -0.48% 0.3 times
06 Fri Apr 2018 62.50 62.50 to 62.50 0.32% 1.52 times
04 Wed Apr 2018 62.30 62.30 to 62.30 -4.15% 1.52 times
26 Mon Mar 2018 65.00 65.00 to 65.00 -4.41% 1.52 times
23 Fri Mar 2018 68.00 68.00 to 68.00 -0.73% 1.52 times
20 Tue Mar 2018 68.50 68.50 to 68.50 11.02% 0.3 times
19 Mon Mar 2018 61.70 61.70 to 61.70 -3.59% 0.3 times
13 Tue Mar 2018 64.00 64.00 to 64.00 -7.78% 0.3 times

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