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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 2024-02-09 View latest technical analysis

10 day averaged volume of Varroc Engineering is 943701

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	532.55	564.00	565.00	529.00	0.616 times
08 Thu Feb 2024	554.75	599.00	599.90	551.05	1.417 times
07 Wed Feb 2024	597.55	610.90	632.00	585.20	2.423 times
06 Tue Feb 2024	605.60	610.00	617.00	602.50	0.33 times
05 Mon Feb 2024	600.05	605.00	627.00	596.00	0.858 times
02 Fri Feb 2024	600.35	594.95	619.40	588.15	2.335 times
01 Thu Feb 2024	586.75	556.90	594.95	551.10	1.721 times
31 Wed Jan 2024	555.45	544.95	562.00	544.65	0.335 times
30 Tue Jan 2024	545.15	533.05	547.15	526.20	0.242 times
29 Mon Jan 2024	533.05	517.95	533.80	515.95	0.185 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 525.3 as stoploss in an intra day buy trade for a target of 554.03. However, stock will show a bearish move below 525.3.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.05
Downside Target	510.00
Upside Target	547.05
Upside Target	568.00
Upside Target	577.00
Upside Target	583.50
Upside Target	588.30
Upside Target	619.40
Upside Target	632.00

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	497.03
Downside Intraday Target	461.52
Upside Intraday Target	600.03
Upside Intraday Target	667.52
Upside Intraday Target	564.52

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	532.55	605.00	632.00	529.00	1.171 times
02 Fri Feb 2024	600.35	517.95	619.40	515.95	6.763 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

Price has moved down 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
09 Fri Feb 2024	532.55	556.90	632.00	529.00	1.514 times
31 Wed Jan 2024	555.45	554.20	577.00	510.00	0.491 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short to mid 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.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

Varroc Engineering Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Varroc Engineering in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 583.53 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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