Aurionpro Solutions Limited Stock Forecast
Aurionpro Solutions Limited stock price ended at ₹1,390.80 on Tuesday, after gaining 0.368%.
(Updated on Jul 02, 2024)
The Aurionpro Solutions Limited stock price gained 0.368% on the last trading day (Tuesday, 2nd Jul 2024), rising from ₹1,385.70 to ₹1,390.80. During the last trading day the stock fluctuated 2.56% from a day low at ₹1,365.00 to a day high of ₹1,400.00. The price has fallen in 6 of the last 10 days and is down by -50.68% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 9 thousand more shares were traded than the day before. In total, 32 thousand shares were bought and sold for approximately ₹45.14 million.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₹1,356.31 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -7.91% during the next 3 months and, with a 90% probability hold a price between ₹1,249.06 and ₹2,688.42 at the end of this 3-month period.
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AURIONPRO.NS Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 28, 2024, and so far it has risen 1.93%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Aurionpro Solutions Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ₹1,985.96 and ₹2,306.87. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Aurionpro Solutions Limited stock
Aurionpro Solutions Limited finds support from accumulated volume at ₹1,385.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved ₹35.00 between high and low, or 2.56%. For the last week, the stock has had daily average volatility of 4.09%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AURIONPRO.NS) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Aurionpro Solutions Limited to open at ₹1,385.27, and during the day (based on 14 day Average True Range), to move between ₹1,208.27 and ₹1,573.33, which gives a possible trading interval of +/-₹182.53 (+/-13.12%) up or down from last closing price. If Aurionpro Solutions Limited takes out the full calculated possible swing range there will be an estimated 26.25% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₹1,385.70 (0.37%) than the resistance at ₹1,434.90 (3.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aurionpro Solutions Limited stock A Buy?
Aurionpro Solutions Limited holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -6.088 Strong Sell Candidate Unchanged
Predicted Opening Price for Aurionpro Solutions Limited of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
₹1,385.27 ( 0.398%) | ₹1,390.80 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AURIONPRO.NS
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,420.27 | 2.12% |
R2 | 1,406.90 | 1.16% |
R1 | 1,398.64 | 0.563% |
Price | 1,390.80 | |
S1 | 1,371.90 | -1.36% |
S2 | 1,363.64 | -1.95% |
S3 | 1,350.27 | -2.91% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 1,434.90 | 3.17% |
Price | 1,390.80 | |
S1 | 1,385.70 | -0.367% |
S2 | 1,364.40 | -1.90% |
S3 | 0 | - |
AURIONPRO Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Sep 22, 2023 | Sep 22, 2023 | Oct 29, 2023 | ₹2.50 | 0.317% |
2 | Sep 16, 2022 | Sep 16, 2022 | Sep 16, 2022 | ₹2.50 | 1.29% |
3 | May 02, 2019 | Sep 12, 2019 | Sep 25, 2019 | ₹2.00 | 3.78% |
4 | May 31, 2018 | Sep 19, 2018 | Oct 25, 2018 | ₹2.00 | 2.82% |
5 | May 31, 2017 | Sep 21, 2017 | Oct 26, 2017 | ₹1.00 | 1.47% |
FAQ
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