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AI Analysis of SMSPHARMA.NS
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SMS Pharmaceuticals Limited stock price down 0.558% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 02, 2024 Gain 36.75% PDF

The SMS Pharmaceuticals Limited stock price fell by -0.558% on the last day (Thursday, 28th Mar 2024) from ₹179.25 to ₹178.25. During the last trading day the stock fluctuated 2.78% from a day low at ₹178.00 to a day high of ₹182.95. The price has risen in 6 of the last 10 days and is up by 8.49% 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 -50 thousand shares and in total, 131 thousand shares were bought and sold for approximately ₹23.29 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 52.52% during the next 3 months and, with a 90% probability hold a price between ₹252.11 and ₹296.76 at the end of this 3-month period.

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SMSPHARMA.NS Signals & Forecast

The SMS Pharmaceuticals Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ₹181.31. On a fall, the stock will find some support from the long-term average at approximately ₹162.06. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -4.68%. 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 SMS Pharmaceuticals Limited stock

On the downside, the stock finds support just below today's level from accumulated volume at ₹165.70 and ₹146.45. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, SMS Pharmaceuticals Limited finds support just below today's level at ₹165.70. If this is broken, then the next support from accumulated volume will be at ₹146.45 and ₹146.30.

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 ₹4.95 between high and low, or 2.78%. For the last week, the stock has had daily average volatility of 5.32%.

Our recommended stop-loss: ₹168.92 (-5.24%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 7 days ago.)

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

For the upcoming trading day on Monday, 1st we expect SMS Pharmaceuticals Limited to open at ₹179.73, and during the day (based on 14 day Average True Range), to move between ₹165.56 and ₹190.94, which gives a possible trading interval of +/-₹12.69 (+/-7.12%) up or down from last closing price. If SMS Pharmaceuticals Limited takes out the full calculated possible swing range there will be an estimated 14.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹181.25 (1.68%) than the support at ₹165.70 (7.04%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is SMS Pharmaceuticals 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 SMS Pharmaceuticals Limited stock to perform well in the short-term.

Current score: 1.441 Buy Candidate Unchanged

Predicted Opening Price for SMS Pharmaceuticals Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹179.73 ( 0.83%) ₹178.25

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

Trading levels for SMSPHARMA.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 184.68 3.61 %
R2 182.79 2.55 %
R1 181.62 1.89 %
Current price: 178.25
Support S1 177.84 -0.229 %
S2 176.67 -0.88 %
S3 174.78 -1.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 182.25 2.24 %
R2 182.00 2.10 %
R1 181.25 1.68 %
Current price 178.25
Support S1 165.70 -7.04%
S2 146.45 -17.84%
S3 146.30 -17.92%

SMSPHARMA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 22, 2022 Sep 22, 2022 Sep 22, 2022 ₹0.300 0.334%
2 Sep 22, 2021 Sep 22, 2021 Sep 22, 2021 ₹0.300 0.191%
3 Mar 18, 2020 Mar 26, 2020 Mar 30, 2020 ₹0.250 0.95%
4 May 27, 2019 Sep 19, 2019 Oct 05, 2019 ₹0.250 0.583%
5 May 26, 2018 Sep 11, 2018 Oct 20, 2018 ₹0.250 0.380%

FAQ

What is the symbol for SMS Pharmaceuticals Limited Stock and on which exchange is it traded?
The symbol for SMS Pharmaceuticals Limited is SMSPHARMA.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell SMS Pharmaceuticals 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 SMS Pharmaceuticals Limited stock to perform well in the short-term.

How to buy SMS Pharmaceuticals Limited Stock?
SMS Pharmaceuticals 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 SMS Pharmaceuticals Limited Stock.

What's the current price of SMS Pharmaceuticals Limited Stock?
As of the end of day on the 2024-03-28, the price of an SMS Pharmaceuticals Limited (SMSPHARMA.NS) share was ₹178.25.

What is the 52-week high and low for SMS Pharmaceuticals Limited Stock?
The 52-week high for SMS Pharmaceuticals Limited Stock is ₹198.00 and the 52-week low is ₹54.75.

What is the market capitalization of SMS Pharmaceuticals Limited Stock?
As of the 2024-03-28, the market capitalization of SMS Pharmaceuticals Limited is 15.089B.

When is the next earnings date for SMS Pharmaceuticals Limited?
The upcoming earnings date for SMS Pharmaceuticals Limited is May 22, 2024.
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About SMS Pharmaceuticals Limited

SMS Pharmaceuticals Limited SMS Pharmaceuticals Limited manufactures and sells active pharmaceutical ingredients (APIs) and intermediates in India. The company offers anti-ulcer, anti-fungal, anti-migraine, anti-diabetic, erectile dysfunction, antiemetic, antiepileptic, antipsychotic, anti-hypertensive, anti-anginal, anti-viral, urinary antispasmodic, and anti-retroviral APIs. It is also involved in the contract research activities. The company also exports its products. SM... SMSPHARMA.NS Profile

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