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SOTAC_ST NEWS why is Sotac Pharmaceuticals Ltd price falling or rising

SOTAC_ST NEWS reasons for why stock price of Sotac Pharmaceuticals Ltd is falling or rising

SOTAC_ST Sotac Pharmaceuticals is falling or rising technical reasons

Technical analysis forecast for Sotac Pharmaceuticals 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 Sotac Pharmaceuticals SOTAC_ST at this time. Stock is falling and might fall more.

It appears as if Sotac Pharmaceuticals SOTAC_ST gave a large move recently.

Stock of Sotac Pharmaceuticals (SOTAC_ST) 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 Sotac Pharmaceuticals is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sotac Pharmaceuticals stays below 135, but if it comes above 135, then a intra day buy could be more profitable.
If you take a sell trade below 135, then use 135 as stoploss and 125.8 as target. However if you take a buy trade in Sotac Pharmaceuticals, then use 135 as stoploss and 142.68 as target.

SOTAC_ST Sotac Pharmaceuticals is falling or rising NEWS fundamental reasons

More announcements and NEWS

SOTAC_ST Sotac Pharmaceuticals Ltd current price & indicator signals

Moving Averages for Sotac Pharmaceuticals Ltd

  • 5Day Average: 135.65
  • 12Day Average: 142.14
  • 20Day Average: 146.03

SOTAC_ST Indicators & signals

Indicator MACD (12,26,9)

140.65, 142.5, 1.06
Indicator MACD is in negative zone

Indicator ADX (14)

12.55, 39.04, 50.25
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SOTAC_ST Sotac Pharmaceuticals Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Mon Oct 2024 130.70 130.70 to 135.00 -4.95% 1.18 times
03 Thu Oct 2024 137.50 137.50 to 137.50 4.17% 0.59 times
27 Fri Sep 2024 132.00 132.00 to 132.00 -2.62% 0.59 times
26 Thu Sep 2024 135.55 135.55 to 135.55 -4.88% 0.59 times
25 Wed Sep 2024 142.50 142.50 to 142.50 0% 1.18 times
24 Tue Sep 2024 142.50 142.50 to 143.05 -5% 2.94 times
17 Tue Sep 2024 150.00 150.00 to 150.00 3.81% 0.59 times
16 Mon Sep 2024 144.50 142.70 to 144.50 -3.76% 1.76 times
11 Wed Sep 2024 150.15 150.15 to 150.15 5% 0.59 times
06 Fri Sep 2024 143.00 143.00 to 143.00 -4.67% 0.59 times
05 Thu Sep 2024 150.00 150.00 to 150.00 1.87% 0.59 times
03 Tue Sep 2024 147.25 147.25 to 148.10 -5% 1.18 times

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SOTAC_ST NEWS why is Sotac Pharmaceuticals Ltd price falling or rising

 

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