RSI low/high Values: [ 20 - 85 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NATIONSTD.BO
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National Standard stock price up 2.93% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 22, 2024 Gain 1.48% PDF

The National Standard stock price gained 2.93% on the last trading day (Thursday, 28th Mar 2024), rising from ₹4,709.40 to ₹4,847.40. During the last trading day the stock fluctuated 4.35% from a day low at ₹4,716.05 to a day high of ₹4,921.40. The price has fallen in 7 of the last 10 days and is down by -0.06% for this period. Volume fell on the last day by -99 shares and in total, 24 shares were bought and sold for approximately ₹116.34 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at ₹4,707.33 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect National Standard stock with a 90% probability to be traded between ₹4,614.55 and ₹6,165.28 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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NATIONSTD.BO Signals & Forecast

There are mixed signals in the stock today. The National Standard stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹5,055.94. On a fall, the stock will find some support from the short-term average at ₹4,784.37. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has risen 2.93%. Further rise is indicated until a new top pivot has been found. The stock had a Golden Star Signal on Tuesday, January 02, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, January 02, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for National Standard stock

National Standard finds support from accumulated volume at ₹4,687.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved ₹205.35 between high and low, or 4.35%. For the last week the stock has had daily average volatility of 3.49%.

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

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

For the upcoming trading day on Monday, 1st we expect National Standard to open at ₹4,828.28, and during the day (based on 14 day Average True Range), to move between ₹4,616.96 and ₹5,077.84, which gives a possible trading interval of +/-₹230.44 (+/-4.75%) up or down from last closing price. If National Standard takes out the full calculated possible swing range there will be an estimated 9.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹4,687.60 (3.30%) than the resistance at ₹5,910.30 (21.93%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is National Standard stock A Buy?

National Standard holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.737 Sell Candidate Unchanged

Predicted Opening Price for National Standard of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹4,828.28 ( 0.394%) ₹4,847.40

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

Trading levels for NATIONSTD.BO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5,033.63 3.84 %
R2 4,955.19 2.22 %
R1 4,906.73 1.22 %
Current price: 4,847.40
Support S1 4,749.84 -2.01 %
S2 4,701.38 -3.01 %
S3 4,622.93 -4.63 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5,987.30 23.52 %
R2 5,952.05 22.79 %
R1 5,910.30 21.93 %
Current price 4,847.40
Support S1 4,687.60 -3.30%
S2 4,649.75 -4.08%
S3 4,571.80 -5.69%

FAQ

What is the symbol for National Standard Stock and on which exchange is it traded?
The symbol for National Standard is NATIONSTD.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell National Standard Stock?
National Standard holds several negative signals and we believe that 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 National Standard Stock?
National Standard Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy National Standard Stock.

What's the current price of National Standard Stock?
As of the end of day on the 2024-03-28, the price of an National Standard (NATIONSTD.BO) share was ₹4,847.40.

What is the 52-week high and low for National Standard Stock?
The 52-week high for National Standard Stock is ₹6,974.00 and the 52-week low is ₹3,882.00.
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