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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 2024-07-19 View latest technical analysis

10 day averaged volume of Varroc Engineering is 280830

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	618.70	646.05	649.70	614.25	0.88 times
18 Thu Jul 2024	643.60	669.95	669.95	636.20	1.003 times
16 Tue Jul 2024	666.70	656.70	672.50	656.60	0.868 times
15 Mon Jul 2024	656.70	658.55	704.80	650.15	2.885 times
12 Fri Jul 2024	656.95	665.00	669.60	649.80	0.456 times
11 Thu Jul 2024	665.60	666.00	673.10	660.05	0.47 times
10 Wed Jul 2024	663.95	684.80	684.80	650.00	0.918 times
09 Tue Jul 2024	674.80	680.00	680.00	661.15	0.714 times
08 Mon Jul 2024	674.95	676.00	683.80	660.30	1.127 times
05 Fri Jul 2024	672.30	672.00	675.00	665.25	0.503 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 632.4, for a target of 648.8 or 662.46

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	564.50
Downside Target	614.25
Upside Target	640.15
Upside Target	684.80
Upside Target	693.30
Upside Target	703.65
Upside Target	704.80
Upside Target	707.80
Upside Target	716.90

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	587.03
Downside Intraday Target	555.37
Upside Intraday Target	677.58
Upside Intraday Target	736.47
Upside Intraday Target	645.92

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	618.70	658.55	704.80	614.25	1.53 times
12 Fri Jul 2024	656.95	676.00	684.80	649.80	0.851 times
05 Fri Jul 2024	672.30	656.00	693.30	649.60	0.632 times
28 Fri Jun 2024	650.95	655.00	703.65	640.15	1.079 times
21 Fri Jun 2024	662.80	691.55	707.80	655.00	0.126 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Varroc Engineering (VARROC)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	618.70	656.00	704.80	614.25	0.192 times
28 Fri Jun 2024	650.95	563.90	716.90	503.05	2.626 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

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 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 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 SELL. Signal strength is Weak 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 coming down

CCI has generated a SELL signal for Varroc Engineering in short term and SELL signal is strong!

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 658.16 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.