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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 2024-05-21 View latest technical analysis

10 day averaged volume of Varroc Engineering is 270358

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	581.05	601.00	620.00	573.35	7.039 times
18 Sat May 2024	596.85	595.00	596.85	588.50	0.756 times
17 Fri May 2024	568.45	548.90	587.50	544.15	2.357 times
16 Thu May 2024	549.85	551.30	558.20	541.70	1.368 times
15 Wed May 2024	547.05	533.00	551.50	516.05	2.543 times
14 Tue May 2024	519.45	508.55	525.00	507.30	0.732 times
13 Mon May 2024	507.30	499.00	513.35	483.40	0.644 times
10 Fri May 2024	496.35	484.00	503.90	482.85	0.4 times
09 Thu May 2024	483.85	502.00	506.65	480.15	0.403 times
08 Wed May 2024	504.10	504.00	507.15	499.80	0.274 times

Stock of Varroc Engineering (VARROC) has showed a significant fall. This could be a good time to exit from this stock.

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 589.1, for a target of 555.5 or 527.61

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
Downside Target	521.00
Downside Target	564.50
Downside Target	573.35
Downside Target	577.00
Upside Target	596.85
Upside Target	620.00
Upside Target	632.00

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	562.93
Downside Intraday Target	544.82
Upside Intraday Target	609.58
Upside Intraday Target	638.12
Upside Intraday Target	591.47

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	581.05	601.00	620.00	573.35	0.838 times
18 Sat May 2024	596.85	499.00	596.85	483.40	3.92 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

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
21 Tue May 2024	581.05	525.80	620.00	480.15	0.793 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 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 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.

ADX buy sell signal for Varroc Engineering stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Varroc Engineering in short term but SELL 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

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 560.85 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.