14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PAGEIND.BO
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Page Industries Limited stock downgraded to Buy Candidate
(Updated on Jun 21, 2024)

Buy or Hold candidate since May 22, 2024 Gain 9.56% PDF

The Page Industries Limited stock price gained 0.620% on the last trading day (Friday, 21st Jun 2024), rising from ₹39,530.55 to ₹39,775.70. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.45% from a day low at ₹39,314.20 to a day high of ₹39,886.00. The price has risen in 6 of the last 10 days and is up by 2.55% over the past 2 weeks. Volume fell on the last day by -339 shares and in total, 150 shares were bought and sold for approximately ₹5.97 million. 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 lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at ₹39,931.58 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 12.31% during the next 3 months and, with a 90% probability hold a price between ₹41,039.86 and ₹44,846.01 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PAGEIND.BO Signals & Forecast

Mostly positive signals in the chart today. The Page Industries Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹38,942.01 and ₹36,662.79. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 10.57%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Page Industries Limited stock

Page Industries Limited finds support from accumulated volume at ₹37,970.15 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹571.80 between high and low, or 1.45%. For the last week, the stock has had daily average volatility of 1.85%.

The Page Industries Limited stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: ₹38,255.16 (-3.82%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 81 and this increases the risk substantially. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (PAGEIND.BO) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Page Industries Limited to open at ₹39,658.63, and during the day (based on 14 day Average True Range), to move between ₹38,843.85 and ₹40,707.55, which gives a possible trading interval of +/-₹931.85 (+/-2.34%) up or down from last closing price. If Page Industries Limited takes out the full calculated possible swing range there will be an estimated 4.69% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ ₹37,970.15, some ₹1,805.55 (4.54%) from the current price of ₹39,775.70, our system finds the risk reward attractive.

Is Page Industries Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Page Industries Limited stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.477 Buy Candidate Downgraded

Predicted Opening Price for Page Industries Limited of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
₹39,658.63 ( 0.294%) ₹39,775.70

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

Trading levels for PAGEIND.BO

Fibonacci Support & Resistance Levels

Level Price
R3 40,230.43 1.14%
R2 40,012.01 0.594%
R1 39,877.06 0.255%
Price 39,775.70
S1 39,440.21 -0.84%
S2 39,305.26 -1.18%
S3 39,086.83 -1.73%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 39,775.70
S1 37,970.15 -4.54%
S2 35,663.70 -10.34%
S3 34,985.90 -12.04%

PAGEIND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2024 May 31, 2024 Jun 22, 2024 ₹120.00 0.302%
2 Feb 16, 2024 Feb 16, 2024 Feb 16, 2024 ₹100.00 0.276%
3 Nov 17, 2023 Nov 17, 2023 Dec 06, 2023 ₹75.00 0.203%
4 Aug 18, 2023 Aug 18, 2023 Sep 07, 2023 ₹75.00 0.177%
5 Jun 02, 2023 Jun 02, 2023 Jun 24, 2023 ₹60.00 0.159%

FAQ

What is the symbol for Page Industries Limited Stock and on which exchange is it traded?
The symbol for Page Industries Limited is PAGEIND.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Page Industries Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Page Industries Limited stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Page Industries Limited Stock?
Page Industries 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 Page Industries Limited Stock.

What's the current price of Page Industries Limited Stock?
As of the end of day on the Jun 21, 2024, the price of an Page Industries Limited (PAGEIND.BO) share was ₹39,775.70.

What is the 52-week high and low for Page Industries Limited Stock?
The 52-week high for Page Industries Limited Stock is ₹42,850.00 and the 52-week low is ₹33,100.00.

What is the market capitalization of Page Industries Limited Stock?
As of the Jun 21, 2024, the market capitalization of Page Industries Limited is 440.92B.

When is the next earnings date for Page Industries Limited?
The upcoming earnings date for Page Industries Limited is Aug 08, 2024.
Click to get the best stock tips daily for free!