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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 2024-04-03 View latest technical analysis

10 day averaged volume of Varroc Engineering is 455189

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	551.60	560.00	563.00	549.00	1.025 times
02 Tue Apr 2024	558.60	514.00	564.50	512.00	5.866 times
01 Mon Apr 2024	512.30	509.95	519.55	507.95	0.398 times
28 Thu Mar 2024	503.85	505.00	513.00	495.20	0.661 times
27 Wed Mar 2024	501.55	511.20	512.90	495.75	0.75 times
26 Tue Mar 2024	506.55	514.55	514.55	501.50	0.336 times
22 Fri Mar 2024	511.55	497.00	513.75	496.05	0.49 times
21 Thu Mar 2024	495.45	486.00	501.35	486.00	0.344 times
20 Wed Mar 2024	482.15	486.95	487.00	475.00	0.222 times
19 Tue Mar 2024	486.85	482.00	490.00	477.10	0.401 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 554.8, for a target of 523.4 or 497.24

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.00
Downside Target	466.80
Downside Target	482.75
Downside Target	507.95
Downside Target	514.55
Downside Target	521.00
Upside Target	564.50
Upside Target	577.00
Upside Target	588.30
Upside Target	632.00

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	518.2
Downside Intraday Target	484.8
Upside Intraday Target	574.75
Upside Intraday Target	597.9
Downside Intraday Target	541.35

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	551.60	509.95	564.50	507.95	4.173 times
28 Thu Mar 2024	503.85	514.55	514.55	495.20	0.878 times
22 Fri Mar 2024	511.55	475.60	513.75	466.80	0.66 times
15 Fri Mar 2024	470.20	492.95	497.60	433.00	1.32 times
07 Thu Mar 2024	491.35	515.25	521.00	490.00	0.769 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Varroc Engineering (VARROC)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	551.60	509.95	564.50	507.95	0.756 times
28 Thu Mar 2024	503.85	492.00	521.00	433.00	0.331 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

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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Varroc Engineering in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Varroc Engineering in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 538.34 and Varroc Engineering (VARROC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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