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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 2024-06-10 View latest technical analysis

10 day averaged volume of Varroc Engineering is 352510

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	620.85	585.00	625.00	582.50	3.195 times
07 Fri Jun 2024	583.10	582.50	590.60	579.15	0.526 times
06 Thu Jun 2024	584.85	579.90	598.00	563.75	1.299 times
05 Wed Jun 2024	580.60	524.00	590.00	503.05	2.114 times
04 Tue Jun 2024	512.90	559.95	559.95	504.25	1.608 times
03 Mon Jun 2024	559.85	563.90	574.90	552.55	0.626 times
31 Fri May 2024	557.25	549.30	563.90	537.25	0.739 times
30 Thu May 2024	549.30	543.35	556.60	535.95	0.681 times
29 Wed May 2024	540.60	548.55	551.55	538.65	0.357 times
28 Tue May 2024	548.55	554.00	554.90	536.85	1.273 times

Stock of Varroc Engineering (VARROC) has showed a significant upmove. This could be a good time to enter in 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 618.4, for a target of 588.6 or 563.73

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	433.00
Downside Target	480.15
Downside Target	494.00
Downside Target	521.00
Downside Target	535.95
Downside Target	564.50
Downside Target	596.85
Downside Target	598.00
Downside Target	620.00
Upside Target	625.00
Upside Target	632.00

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	593.9
Downside Intraday Target	566.95
Upside Intraday Target	636.4
Upside Intraday Target	651.95
Downside Intraday Target	609.45

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	620.85	585.00	625.00	582.50	0.518 times
07 Fri Jun 2024	583.10	563.90	598.00	503.05	1.612 times
31 Fri May 2024	557.25	572.65	576.50	535.95	0.484 times
24 Fri May 2024	572.65	601.00	620.00	565.55	1.228 times
18 Sat May 2024	596.85	499.00	596.85	483.40	3.92 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
10 Mon Jun 2024	620.85	563.90	625.00	503.05	0.434 times
31 Fri May 2024	557.25	525.80	620.00	480.15	1.124 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

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

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 stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 574.15 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.