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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 2024-03-01 View latest technical analysis

10 day averaged volume of Varroc Engineering is 278094

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	507.75	492.00	511.90	491.10	0.9 times
29 Thu Feb 2024	487.55	497.40	501.95	482.75	1.221 times
28 Wed Feb 2024	497.40	512.00	516.80	492.20	0.753 times
27 Tue Feb 2024	511.95	519.25	529.00	511.00	0.867 times
26 Mon Feb 2024	519.25	507.00	525.00	507.00	1.038 times
23 Fri Feb 2024	510.85	512.00	519.90	497.25	1.519 times
22 Thu Feb 2024	511.50	512.00	520.50	508.00	0.626 times
21 Wed Feb 2024	508.00	526.55	529.00	503.55	0.582 times
20 Tue Feb 2024	525.30	520.45	529.00	514.30	0.572 times
19 Mon Feb 2024	518.80	529.85	529.85	516.00	0.783 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 492.5 as stoploss in an intra day buy trade for a target of 526.71. However, stock will show a bearish move below 492.5.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	441.15
Downside Target	482.75
Upside Target	510.00
Upside Target	529.00
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	484
Downside Intraday Target	460.25
Upside Intraday Target	530.25
Upside Intraday Target	552.75
Downside Intraday Target	506.5

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	507.75	507.00	529.00	482.75	1.171 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
01 Fri Mar 2024	507.75	492.00	511.90	491.10	0.019 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 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 508.77 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.