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(VARROC) Varroc Engineering complete technical analysis [charts+indicators] | Buy/Sell Varroc Engineering | (VARROC) share price targets

Complete technical analysis of Varroc Engineering (VARROC) by charts plus indicators, forecast predictions and share price targets for Varroc Engineering (VARROC)

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Varroc Engineering is 221327

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	533.05	517.95	533.80	515.95	0.789 times
25 Thu Jan 2024	514.35	522.90	525.70	513.00	0.659 times
24 Wed Jan 2024	522.90	518.00	526.40	510.00	0.662 times
23 Tue Jan 2024	520.10	543.20	547.05	516.15	1.027 times
22 Mon Jan 2024	543.20	528.95	545.00	528.90	0.69 times
19 Fri Jan 2024	527.65	529.80	537.40	525.50	0.876 times
18 Thu Jan 2024	526.25	539.95	546.50	520.75	1.125 times
17 Wed Jan 2024	540.25	552.00	554.20	538.00	0.717 times
16 Tue Jan 2024	554.85	563.00	568.00	548.55	1.153 times
15 Mon Jan 2024	566.35	555.00	568.00	545.20	2.26 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 530.1 as stoploss in an intra day buy trade for a target of 546.07. However, stock will show a bearish move below 530.1.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	404.00
Downside Target	433.05
Downside Target	510.00
Upside Target	533.80
Upside Target	547.05
Upside Target	548.00
Upside Target	568.00
Upside Target	570.95
Upside Target	577.00
Upside Target	583.50
Upside Target	588.30

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	521.4
Downside Intraday Target	509.75
Upside Intraday Target	539.25
Upside Intraday Target	545.45
Downside Intraday Target	527.6

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	533.05	517.95	533.80	515.95	0.26 times
25 Thu Jan 2024	514.35	528.95	547.05	510.00	0.495 times
19 Fri Jan 2024	527.65	555.00	568.00	520.75	0.912 times
12 Fri Jan 2024	553.40	561.05	577.00	548.00	0.822 times
05 Fri Jan 2024	560.60	554.20	570.95	542.00	1.214 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Varroc Engineering (VARROC)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	533.05	554.20	577.00	510.00	0.447 times
29 Fri Dec 2023	554.20	543.00	588.30	514.00	0.513 times
30 Thu Nov 2023	537.65	462.90	583.50	441.15	3.806 times
31 Tue Oct 2023	459.85	487.95	519.75	433.05	0.405 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Varroc Engineering (VARROC)

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Varroc Engineering stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Varroc Engineering in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Varroc Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Varroc Engineering in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Varroc Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 539.86 and Varroc Engineering (VARROC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Varroc Engineering (VARROC) stock. Volume based technical analysis of Varroc Engineering (VARROC) stock is negative.

Varroc Engineering Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.