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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 2024-08-19 View latest technical analysis

10 day averaged volume of Varroc Engineering is 307521

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	538.70	539.50	544.95	532.20	0.579 times
16 Fri Aug 2024	531.80	534.60	537.90	522.10	0.485 times
14 Wed Aug 2024	525.35	532.00	533.55	518.00	0.627 times
13 Tue Aug 2024	531.30	551.60	552.70	528.10	0.793 times
12 Mon Aug 2024	548.95	556.00	558.45	541.00	1.032 times
09 Fri Aug 2024	556.20	572.65	575.70	550.00	1.267 times
08 Thu Aug 2024	569.75	583.05	583.05	566.00	1.787 times
07 Wed Aug 2024	583.05	616.00	644.00	577.85	2.302 times
06 Tue Aug 2024	603.45	627.95	627.95	600.00	0.429 times
05 Mon Aug 2024	608.20	617.00	624.70	603.35	0.869 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 554.2, but if it comes above 554.2, then a intra day buy could be more profitable.
If you take a sell trade below 554.2, then use 554.2 as stoploss and 502.2 as target. However if you take a buy trade in stock , then use 554.2 as stoploss and 597.51 as target.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	480.15
Downside Target	494.00
Downside Target	518.00
Downside Target	532.20
Upside Target	544.95
Upside Target	597.05
Upside Target	618.00
Upside Target	644.00
Upside Target	654.60
Upside Target	655.90
Upside Target	704.80
Upside Target	716.90

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	532.28
Downside Intraday Target	525.87
Upside Intraday Target	545.03
Upside Intraday Target	551.37
Downside Intraday Target	538.62

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	538.70	539.50	544.95	532.20	0.197 times
16 Fri Aug 2024	531.80	556.00	558.45	518.00	0.441 times
09 Fri Aug 2024	556.20	617.00	644.00	550.00	2.883 times
02 Fri Aug 2024	634.80	630.50	655.90	618.00	0.833 times
26 Fri Jul 2024	629.55	615.25	654.60	597.05	0.539 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
19 Mon Aug 2024	538.70	644.00	644.00	518.00	0.664 times
31 Wed Jul 2024	638.70	656.00	704.80	597.05	0.256 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

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

ADX buy sell signal for Varroc Engineering stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up 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 564.36 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 negative.

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