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 SCHAND.NS
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S Chand and Company Limited stock price ended at ₹232.60 on Thursday, after losing 1.25%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 11, 2024 Loss -6.89% PDF

The S Chand and Company Limited stock price fell by -1.25% on the last day (Thursday, 28th Mar 2024) from ₹235.55 to ₹232.60. During the last trading day the stock fluctuated 5.12% from a day low at ₹226.60 to a day high of ₹238.20. The price has risen in 6 of the last 10 days and is up by 2.17% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -10 thousand shares and in total, 101 thousand shares were bought and sold for approximately ₹23.53 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.38% during the next 3 months and, with a 90% probability hold a price between ₹180.66 and ₹218.81 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SCHAND.NS Signals & Forecast

There are few to no technical positive signals at the moment. The S Chand and Company 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 ₹238.80 and ₹259.93. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -7.42%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for S Chand and Company Limited stock

S Chand and Company Limited finds support from accumulated volume at ₹231.20 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 ₹11.60 between high and low, or 5.12%. For the last week, the stock has had daily average volatility of 4.45%.

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

Trading Expectations (SCHAND.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect S Chand and Company Limited to open at ₹232.47, and during the day (based on 14 day Average True Range), to move between ₹219.76 and ₹245.44, which gives a possible trading interval of +/-₹12.84 (+/-5.52%) up or down from last closing price. If S Chand and Company Limited takes out the full calculated possible swing range there will be an estimated 11.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹231.20 (0.60%) than the resistance at ₹262.95 (13.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is S Chand and Company Limited stock A Buy?

S Chand and Company Limited holds several negative signals and is within a 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: -4.913 Sell Candidate Unchanged

Predicted Opening Price for S Chand and Company Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹232.47 ( 0.0573%) ₹232.60

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

Trading levels for SCHAND.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 244.07 4.93 %
R2 239.64 3.02 %
R1 236.90 1.85 %
Current price: 232.60
Support S1 228.04 -1.96 %
S2 225.30 -3.14 %
S3 220.87 -5.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 283.35 21.82 %
R2 278.30 19.65 %
R1 262.95 13.05 %
Current price 232.60
Support S1 231.20 -0.602%
S2 227.65 -2.13%
S3 0 .

SCHAND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2018 Sep 17, 2018 Oct 25, 2018 ₹1.50 0.790%
2 Jun 12, 2017 Sep 15, 2017 Oct 25, 2017 ₹1.25 0.264%

FAQ

What is the symbol for S Chand and Company Limited Stock and on which exchange is it traded?
The symbol for S Chand and Company Limited is SCHAND.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell S Chand and Company Limited Stock?
S Chand and Company Limited holds several negative signals and is within a 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 S Chand and Company Limited Stock?
S Chand and Company 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 S Chand and Company Limited Stock.

What's the current price of S Chand and Company Limited Stock?
As of the end of day on the 2024-03-28, the price of an S Chand and Company Limited (SCHAND.NS) share was ₹232.60.

What is the 52-week high and low for S Chand and Company Limited Stock?
The 52-week high for S Chand and Company Limited Stock is ₹335.00 and the 52-week low is ₹185.05.

What is the market capitalization of S Chand and Company Limited Stock?
As of the 2024-03-28, the market capitalization of S Chand and Company Limited is 8.192B.

When is the next earnings date for S Chand and Company Limited?
The upcoming earnings date for S Chand and Company Limited is Apr 09, 2024.
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About S Chand and Company Limited

S Chand and Company Limited S Chand and Company Limited, an education content company, develops and delivers content, solutions, and services for the early learning, K-12, and higher education segments in India. The company provides instructional resources to students from ages four through eighteen years; test preparation, and college and university/technical and professional content; early learning content for 0-4 years of age; and digital and interactive content, as well... SCHAND.NS Profile

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