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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 2024-04-16 View latest technical analysis

10 day averaged volume of Varroc Engineering is 518023

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	511.90	502.35	514.90	497.85	0.314 times
15 Mon Apr 2024	506.60	504.05	514.00	494.00	0.366 times
12 Fri Apr 2024	514.35	529.80	533.95	511.50	0.611 times
10 Wed Apr 2024	526.00	538.90	538.90	521.60	0.44 times
09 Tue Apr 2024	537.10	538.00	544.45	533.05	0.258 times
08 Mon Apr 2024	536.60	537.85	545.40	530.20	0.371 times
05 Fri Apr 2024	537.85	556.00	556.30	533.60	0.995 times
04 Thu Apr 2024	554.90	556.70	559.00	542.90	0.555 times
03 Wed Apr 2024	551.60	560.00	563.00	549.00	0.9 times
02 Tue Apr 2024	558.60	514.00	564.50	512.00	5.155 times

My analysis of stock is bearish for shortterm, and stock might move down till 490.3 or till 461.1. Use a stoploss of 514.71 and if the stock hits stoploss, then it can shoot up till 539.08

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.00
Downside Target	466.80
Downside Target	482.75
Downside Target	494.00
Downside Target	507.95
Upside Target	521.00
Upside Target	545.40
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	498.97
Downside Intraday Target	486.03
Upside Intraday Target	519.87
Upside Intraday Target	527.83
Downside Intraday Target	506.93

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	511.90	504.05	514.90	494.00	0.404 times
12 Fri Apr 2024	514.35	537.85	545.40	511.50	0.211 times
05 Fri Apr 2024	537.85	509.95	564.50	507.95	5.183 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

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
16 Tue Apr 2024	511.90	509.95	564.50	494.00	1.218 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 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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 546.78 and Varroc Engineering (VARROC) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.