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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 2024-02-29 View latest technical analysis

10 day averaged volume of Varroc Engineering is 271735

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	487.55	497.40	501.95	482.75	1.249 times
28 Wed Feb 2024	497.40	512.00	516.80	492.20	0.771 times
27 Tue Feb 2024	511.95	519.25	529.00	511.00	0.887 times
26 Mon Feb 2024	519.25	507.00	525.00	507.00	1.062 times
23 Fri Feb 2024	510.85	512.00	519.90	497.25	1.554 times
22 Thu Feb 2024	511.50	512.00	520.50	508.00	0.64 times
21 Wed Feb 2024	508.00	526.55	529.00	503.55	0.595 times
20 Tue Feb 2024	525.30	520.45	529.00	514.30	0.585 times
19 Mon Feb 2024	518.80	529.85	529.85	516.00	0.802 times
16 Fri Feb 2024	525.60	503.45	528.95	500.10	2.088 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 493.9, but if it comes above 493.9, then a intra day buy could be more profitable.
If you take a sell trade below 493.9, then use 493.9 as stoploss and 448.9 as target. However if you take a buy trade in stock , then use 493.9 as stoploss and 531.34 as target.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.05
Downside Target	482.75
Upside Target	510.00
Upside Target	529.85
Upside Target	536.95
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	470.53
Downside Intraday Target	453.52
Upside Intraday Target	516.78
Upside Intraday Target	546.02
Upside Intraday Target	499.77

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	487.55	507.00	529.00	482.75	0.95 times
23 Fri Feb 2024	510.85	529.85	529.85	497.25	0.604 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

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
29 Thu Feb 2024	487.55	556.90	632.00	482.75	2.191 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 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 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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 512.29 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.