RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LAMBODHARA.BO
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Lambodhara Textiles Limited stock price ended at ₹137.75 on Thursday, after losing 0.253%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 15, 2024 Loss -4.70% PDF

The Lambodhara Textiles Limited stock price fell by -0.253% on the last day (Thursday, 28th Mar 2024) from ₹138.10 to ₹137.75. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 6.61% from a day low at ₹136.15 to a day high of ₹145.15. The price has fallen in 7 of the last 10 days and is down by -4.54% for this period. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 7 thousand shares were bought and sold for approximately ₹960.26 thousand.

Given the current short-term trend, the stock is expected to fall -9.26% during the next 3 months and, with a 90% probability hold a price between ₹124.99 and ₹168.95 at the end of this 3-month period.

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LAMBODHARA.BO Signals & Forecast

There are few to no technical positive signals at the moment. The Lambodhara Textiles 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 ₹140.66 and ₹161.71. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, January 31, 2024, and so far it has fallen -30.48%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Lambodhara Textiles Limited gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Lambodhara Textiles Limited stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹9.00 between high and low, or 6.61%. For the last week, the stock has had daily average volatility of 5.47%.

Lambodhara Textiles Limited is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (LAMBODHARA.BO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Lambodhara Textiles Limited to open at ₹139.68, and during the day (based on 14 day Average True Range), to move between ₹127.38 and ₹148.12, which gives a possible trading interval of +/-₹10.37 (+/-7.53%) up or down from last closing price. If Lambodhara Textiles Limited takes out the full calculated possible swing range there will be an estimated 15.06% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ ₹143.05, some ₹5.30 (3.85%) from the current price of ₹137.75, our system finds the risk reward not very attractive.

Is Lambodhara Textiles Limited stock A Buy?

Lambodhara Textiles 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: -5.569 Strong Sell Candidate Unchanged

Predicted Opening Price for Lambodhara Textiles Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹139.68 ( 1.40%) ₹137.75

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LAMBODHARA.BO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 148.68 7.94 %
R2 145.25 5.44 %
R1 143.12 3.90 %
Current price: 137.75
Support S1 136.25 -1.09 %
S2 134.12 -2.63 %
S3 130.68 -5.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 172.00 24.86 %
R2 171.55 24.54 %
R1 143.05 3.85 %
Current price 137.75
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Lambodhara Textiles Limited Stock and on which exchange is it traded?
The symbol for Lambodhara Textiles Limited is LAMBODHARA.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Lambodhara Textiles Limited Stock?
Lambodhara Textiles 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.

How to buy Lambodhara Textiles Limited Stock?
Lambodhara Textiles Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Lambodhara Textiles Limited Stock.

What's the current price of Lambodhara Textiles Limited Stock?
As of the end of day on the 2024-03-28, the price of an Lambodhara Textiles Limited (LAMBODHARA.BO) share was ₹137.75.

What is the 52-week high and low for Lambodhara Textiles Limited Stock?
The 52-week high for Lambodhara Textiles Limited Stock is ₹240.40 and the 52-week low is ₹131.65.

When is the next earnings date for Lambodhara Textiles Limited?
The upcoming earnings date for Lambodhara Textiles Limited is May 27, 2024.
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