SWIGGY NEWS why is Swiggy Limited price falling or rising

SWIGGY NEWS reasons for why stock price of Swiggy Limited is falling or rising

SWIGGY Swiggy is falling or rising technical reasons

Technical analysis forecast for Swiggy 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 Swiggy SWIGGY at this time. Stock is falling and might fall more.

It appears as if Swiggy SWIGGY gave a large move recently.

Stock of Swiggy (SWIGGY) 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 Swiggy is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Swiggy stays below 430.7, but if it comes above 430.7, then a intra day buy could be more profitable.
If you take a sell trade below 430.7, then use 430.7 as stoploss and 388.2 as target. However if you take a buy trade in Swiggy, then use 430.7 as stoploss and 466.04 as target.

SWIGGY Swiggy is falling or rising NEWS fundamental reasons

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2024 - NEWS as on 2025-01-29

Company Announcement - NEWS as on 2025-01-29

Swiggy shares tumble 5% to drop below IPO price Swiggy's stock extended its losing streak, falling 5% on Tuesday after dropping 2.7% on Friday and 8.6% on Monday. Over six sessions, the stock has declined in five, losing 18.75% cumulatively. This marks a significant downturn for the food delivery aggreg - NEWS as on 2025-01-28 indiatimes.com

Zomato tanks over 10% on weaker numbers, drags Swiggy along, too Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer acquisition efforts in the quick commerce (QC) business. Swiggy has not reported its October-December results yet. - NEWS as on 2025-01-22 indiatimes.com

Company Announcement Swiggy Limited has informed the Exchange regarding a press release dated January 09, 2025, titled "Swiggy Instamart expands to 75+ cities, to launch a parallel standalone app". - NEWS as on 2025-01-09

Company Announcement Swiggy Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot through Remote E-Voting - NEWS as on 2025-01-07

Company Announcement Swiggy Limited has informed the Exchange about Link of Recording - NEWS as on 2024-12-04

Company Announcement Swiggy Limited has informed the Exchange about General Updates - NEWS as on 2024-12-03

Board Meeting to discuss Financial Results To consider and approve the financial results for the quarter and half year ended September 30, 2024 - NEWS as on 2024-11-27

Company Announcement In furtherance to the intimation dated November 13, 2024, Swiggy Limited has informed the Exchange regarding Appointment of Mr M. Sridhar as Company Secretary & Compliance Officer of the company w.e.f. November 13, 2024. - NEWS as on 2024-11-18

Company Announcement Swiggy Limited has informed the Exchange regarding Appointment of M.Sridhar as Company Secretary & Compliance Officer of the company w.e.f. November 13, 2024. - NEWS as on 2024-11-14

More announcements and NEWS

SWIGGY Swiggy Limited current price & indicator signals

Moving Averages for Swiggy Limited

  • 5Day Average: 431.83
  • 12Day Average: 451.7
  • 20Day Average: 470.99
  • 50Day Average: 507.85

SWIGGY Indicators & signals

Indicator MACD (12,26,9)

448.92, 473.06, -17.68
Indicator MACD is in negative zone

Indicator ADX (14)

31.09, 16.39, 31.17
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SWIGGY Swiggy Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Wed Jan 2025 428.20 406.75 to 429.95 4.2% 0.93 times
28 Tue Jan 2025 410.95 389.05 to 418.55 0.22% 1.35 times
27 Mon Jan 2025 410.05 405.35 to 443.45 -8.69% 1 times
24 Fri Jan 2025 449.05 441.00 to 463.90 -2.57% 0.95 times
23 Thu Jan 2025 460.90 433.90 to 465.00 6.27% 1.04 times
22 Wed Jan 2025 433.70 413.60 to 445.45 -1.53% 1.38 times
21 Tue Jan 2025 440.45 427.05 to 471.30 -8.09% 1.55 times
20 Mon Jan 2025 479.20 464.45 to 483.75 1.29% 0.52 times
17 Fri Jan 2025 473.10 467.20 to 489.50 -2.05% 0.49 times
16 Thu Jan 2025 483.00 479.00 to 514.80 -0.88% 0.79 times
15 Wed Jan 2025 487.30 470.05 to 494.40 4.9% 0.93 times
14 Tue Jan 2025 464.55 460.10 to 481.45 0.31% 0.63 times

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SWIGGY NEWS why is Swiggy Limited price falling or rising

 

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