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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 2024-02-19 View latest technical analysis

10 day averaged volume of Varroc Engineering is 720536

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	518.80	529.85	529.85	516.00	0.302 times
16 Fri Feb 2024	525.60	503.45	528.95	500.10	0.787 times
15 Thu Feb 2024	499.80	504.50	511.65	495.55	0.383 times
14 Wed Feb 2024	496.65	513.95	517.90	494.00	0.552 times
13 Tue Feb 2024	515.00	513.30	519.90	490.70	0.404 times
12 Mon Feb 2024	508.20	535.00	536.95	503.00	0.483 times
09 Fri Feb 2024	532.55	564.00	565.00	529.00	0.807 times
08 Thu Feb 2024	554.75	599.00	599.90	551.05	1.855 times
07 Wed Feb 2024	597.55	610.90	632.00	585.20	3.173 times
06 Tue Feb 2024	605.60	610.00	617.00	602.50	0.432 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 508.8 as stoploss in an intra day buy trade for a target of 543.79. However, stock will show a bearish move below 508.8.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.05
Downside Target	490.70
Downside Target	510.00
Upside Target	536.95
Upside Target	547.05
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	513.25
Downside Intraday Target	507.7
Upside Intraday Target	527.1
Upside Intraday Target	535.4
Upside Intraday Target	521.55

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	518.80	529.85	529.85	516.00	0.116 times
16 Fri Feb 2024	525.60	535.00	536.95	490.70	0.353 times
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

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
19 Mon Feb 2024	518.80	556.90	632.00	490.70	1.861 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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 coming down

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 556.32 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 negative.

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