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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 2024-05-08 View latest technical analysis

10 day averaged volume of Varroc Engineering is 185237

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	504.10	504.00	507.15	499.80	0.399 times
07 Tue May 2024	503.15	514.70	518.90	500.00	0.762 times
06 Mon May 2024	512.80	529.00	530.70	509.20	0.792 times
03 Fri May 2024	527.65	536.30	540.20	509.25	1.834 times
02 Thu May 2024	533.50	525.80	540.00	519.25	1.493 times
30 Tue Apr 2024	525.70	536.00	536.00	521.00	0.689 times
29 Mon Apr 2024	531.80	512.00	535.00	512.00	1.304 times
26 Fri Apr 2024	514.20	510.00	519.20	510.00	0.409 times
25 Thu Apr 2024	514.90	527.00	528.95	510.15	0.829 times
24 Wed Apr 2024	522.40	513.80	531.80	512.50	1.357 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 507.3, but if it comes above 507.3, then a intra day buy could be more profitable.
If you take a sell trade below 507.3, then use 507.3 as stoploss and 494.4 as target. However if you take a buy trade in stock , then use 507.3 as stoploss and 518.07 as target.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.00
Downside Target	482.75
Downside Target	494.00
Upside Target	530.70
Upside Target	531.80
Upside Target	540.20
Upside Target	545.40
Upside Target	564.50
Upside Target	577.00
Upside Target	632.00

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	492.37
Downside Intraday Target	480.63
Upside Intraday Target	523.27
Upside Intraday Target	542.43
Upside Intraday Target	511.53

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	504.10	529.00	530.70	499.80	0.367 times
03 Fri May 2024	527.65	512.00	540.20	509.25	1.461 times
26 Fri Apr 2024	514.20	511.00	531.80	506.15	0.919 times
19 Fri Apr 2024	508.95	504.05	525.00	494.00	0.843 times
12 Fri Apr 2024	514.35	537.85	545.40	511.50	0.211 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
08 Wed May 2024	504.10	525.80	540.20	499.80	0.145 times
30 Tue Apr 2024	525.70	509.95	564.50	494.00	1.543 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

Scroll below to view daily charts

Price has moved down 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a mid to longer 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

ADX buy sell signal for Varroc Engineering stock for short term is SELL. Signal strength is Weak 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 green color and prices are in or below the green cloud Prices appear to be moving up

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 and selling is picking up 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 522.56 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 positive

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