Rallis India Ltd (RALLIS) Positional

Technical analysis for Rallis India Ltd (RALLIS) as of May 2024:
---------------------------------------------------------------------------------
Current Stock Performance
Current Price: ₹277.70
Day's Range: ₹275.50 - ₹278.90
52-Week Range: ₹186 - ₹294
Market Cap: ₹53.78 billion
Volatility: 2.05% with a beta of 1.08
Moving Averages
Rallis India's stock shows mixed signals across various moving averages:

MA5: Buy
MA10: Buy
MA20: Buy
MA50: Buy
MA100: Buy
Technical Indicators
Rallis India exhibits the following signals based on multiple technical indicators:

RSI (14): Neutral
Stochastic %K (14, 3, 3): Neutral
CCI (20): Neutral
MACD Level (12, 26): Buy
ADX (14): Neutral
Ultimate Oscillator (7, 14, 28): Neutral
Summary
The overall technical analysis for Rallis India is currently neutral. While several moving averages suggest a buy signal, many oscillators are showing neutral signals. This indicates that the stock is at a potential turning point and may require close monitoring for changes in trend.

Trends and Forecasts
Recent Breakout: The stock has recently broken out of a 2.5-year downtrend, indicating potential for upward momentum.
Price Forecast: Analysts suggest a potential maximum price target of ₹327 and a minimum estimate of ₹165 in the near term.

This technical analysis should be combined with additional research and consideration of other factors, such as market conditions and fundamental analysis, before making any investment decisions.
-----------------------------------------------------------------------------------
Please consult your financial advisor before investing
All research for educational purposes only.

코멘트:

T1, T2, T3 & T4 Met