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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 2024-05-13 View latest technical analysis

10 day averaged volume of Varroc Engineering is 164068

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	507.30	499.00	513.35	483.40	1.061 times
10 Fri May 2024	496.35	484.00	503.90	482.85	0.66 times
09 Thu May 2024	483.85	502.00	506.65	480.15	0.665 times
08 Wed May 2024	504.10	504.00	507.15	499.80	0.451 times
07 Tue May 2024	503.15	514.70	518.90	500.00	0.861 times
06 Mon May 2024	512.80	529.00	530.70	509.20	0.895 times
03 Fri May 2024	527.65	536.30	540.20	509.25	2.071 times
02 Thu May 2024	533.50	525.80	540.00	519.25	1.686 times
30 Tue Apr 2024	525.70	536.00	536.00	521.00	0.778 times
29 Mon Apr 2024	531.80	512.00	535.00	512.00	1.473 times

My analysis of stock is bearish for shortterm, and stock might move down till 500.9 or till 487.1. Use a stoploss of 512.46 and if the stock hits stoploss, then it can shoot up till 524.01

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.00
Downside Target	480.15
Downside Target	494.00
Downside Target	506.15
Upside Target	525.00
Upside Target	530.70
Upside Target	531.80
Upside Target	540.20
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	489.35
Downside Intraday Target	471.4
Upside Intraday Target	519.3
Upside Intraday Target	531.3
Downside Intraday Target	501.35

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	507.30	499.00	513.35	483.40	0.301 times
10 Fri May 2024	496.35	529.00	530.70	480.15	0.588 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

Price has moved up 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
13 Mon May 2024	507.30	525.80	540.20	480.15	0.202 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 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 Weak 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 green color and prices are above 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 SELL signal in short term but selling is losing 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 518.04 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.