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(Varroc) Varroc complete technical analysis [charts+indicators] | Buy/Sell Varroc | (Varroc) share price targets

Complete technical analysis of Varroc (Varroc) by charts plus indicators, forecast predictions and share price targets for Varroc (Varroc)

10 day averaged volume of Varroc is 11864

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 504.30 502.00 506.50 499.85 0.337 times
07 Tue May 2024 502.30 525.90 525.90 499.05 2.178 times
06 Mon May 2024 513.30 529.00 529.65 509.30 1.304 times
03 Fri May 2024 528.75 533.50 540.25 510.00 1.189 times
02 Thu May 2024 533.30 525.25 540.05 519.00 1.119 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 507.6, but if it comes above 507.6, then a intra day buy could be more profitable.
If you take a sell trade below 507.6, then use 507.6 as stoploss and 494.8 as target. However if you take a buy trade in stock , then use 507.6 as stoploss and 518.19 as target.

Share price targets for Varroc (Varroc)

Target Type Value
Downside Target 432.20
Downside Target 477.60
Downside Target 499.05
Upside Target 529.65
Upside Target 531.00
Upside Target 540.25
Upside Target 549.95
Upside Target 565.00
Upside Target 577.00
Upside Target 631.00

Intraday share price targets for Varroc (Varroc)

Target Type Value
Downside Intraday Target 492.35
Downside Intraday Target 480.4
Upside Intraday Target 522.95
Upside Intraday Target 541.6
Upside Intraday Target 511

Weekly technical analysis of Varroc (Varroc)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 504.30 529.00 529.65 499.05 1.122 times
03 Fri May 2024 528.75 512.60 540.25 510.00 0.726 times
26 Fri Apr 2024 514.00 510.20 531.00 506.25 0.615 times
19 Fri Apr 2024 510.50 509.50 524.85 486.25 1.46 times
12 Fri Apr 2024 514.55 549.95 549.95 511.85 0.281 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 (Varroc)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 504.30 525.25 540.25 499.05 0.165 times
30 Tue Apr 2024 524.40 505.55 565.00 486.25 1.653 times
28 Thu Mar 2024 501.40 485.65 520.80 432.20 0.265 times
29 Thu Feb 2024 488.30 561.90 631.00 477.60 2.169 times

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 (Varroc)

Indicator Name Indicator Value Indicator Signal
ADX 15, 19, 9 Sell
MACD -1, 2Sell
Stochastics 14Sell
CCI -155Sell
RSI 54Buy
OBV -123784Sell
VWAP 518Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Varroc ( (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 ( (Varroc) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Varroc ( (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 ( (Varroc) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Varroc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Varroc in short term and the sell signal is strong.

Varroc 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Varroc 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 positive zone. This is a BUY zone

Stock of Varroc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 517.81 and Varroc (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 (Varroc) stock. Volume based technical analysis of Varroc (Varroc) stock is negative.

Varroc 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.

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