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 STERTOOLS.NS
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Sterling Tools Limited stock price ended at ₹306.55 on Thursday, after losing 2.48%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 13, 2024 Loss -4.89% PDF

The Sterling Tools Limited stock price fell by -2.48% on the last day (Thursday, 28th Mar 2024) from ₹314.35 to ₹306.55. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 5.57% from a day low at ₹304.35 to a day high of ₹321.30. The price has been going up and down for this period, and there has been a -4.89% loss for the last 2 weeks. Volume has increased on the last day by 31 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, 110 thousand shares were bought and sold for approximately ₹33.84 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₹300.78 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -17.31% during the next 3 months and, with a 90% probability hold a price between ₹248.71 and ₹290.04 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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STERTOOLS.NS Signals & Forecast

There are few to no technical positive signals at the moment. The Sterling Tools 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 ₹319.76 and ₹345.35. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 01, 2024, and so far it has fallen -17.35%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Sterling Tools 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 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 ₹16.95 between high and low, or 5.57%. For the last week, the stock has had daily average volatility of 3.32%.

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

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

For the upcoming trading day on Monday, 1st we expect Sterling Tools Limited to open at ₹310.73, and during the day (based on 14 day Average True Range), to move between ₹293.59 and ₹319.51, which gives a possible trading interval of +/-₹12.96 (+/-4.23%) up or down from last closing price. If Sterling Tools Limited takes out the full calculated possible swing range there will be an estimated 8.45% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ ₹356.95, some ₹50.40 (16.44%) from the current price of ₹306.55, our system finds the risk reward not very attractive.

Is Sterling Tools Limited stock A Buy?

Sterling Tools 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: -5.233 Strong Sell Candidate Unchanged

Predicted Opening Price for Sterling Tools Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹310.73 ( 1.36%) ₹306.55

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

Trading levels for STERTOOLS.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 327.68 6.89 %
R2 321.21 4.78 %
R1 317.21 3.48 %
Current price: 306.55
Support S1 304.26 -0.748 %
S2 300.26 -2.05 %
S3 293.78 -4.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 370.90 20.99 %
R2 364.05 18.76 %
R1 356.95 16.44 %
Current price 306.55
Support S1 0 .
S2 0 .
S3 0 .

STERTOOLS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 14, 2022 Sep 14, 2022 Sep 14, 2022 ₹1.00 0.422%
2 Sep 13, 2021 Sep 13, 2021 Sep 13, 2021 ₹1.00 0.507%
3 Jul 22, 2019 Aug 08, 2019 Aug 31, 2019 ₹2.00 1.38%
4 Jul 30, 2018 Aug 20, 2018 Aug 31, 2018 ₹2.00 0.569%
5 Jan 30, 2018 Feb 20, 2018 Feb 28, 2018 ₹1.00 0.256%

FAQ

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

Should I buy or sell Sterling Tools Limited Stock?
Sterling Tools 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 Sterling Tools Limited Stock?
Sterling Tools 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 Sterling Tools Limited Stock.

What's the current price of Sterling Tools Limited Stock?
As of the end of day on the 2024-03-28, the price of an Sterling Tools Limited (STERTOOLS.NS) share was ₹306.55.

What is the 52-week high and low for Sterling Tools Limited Stock?
The 52-week high for Sterling Tools Limited Stock is ₹449.75 and the 52-week low is ₹304.35.

What is the market capitalization of Sterling Tools Limited Stock?
As of the 2024-03-28, the market capitalization of Sterling Tools Limited is 11.043B.

When is the next earnings date for Sterling Tools Limited?
The upcoming earnings date for Sterling Tools Limited is May 06, 2024.
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About Sterling Tools Limited

Sterling Tools Limited Sterling Tools Limited manufactures and markets high tensile cold forged fasteners to original equipment manufacturers in India. The company offers standard, special, chassis, and engine fasteners for use in passenger vehicles, commercial vehicles, two wheelers, farm and construction equipment, and off-roadways. It also engages in leasing of immovable property; and manufacture and trading of motor control unit used in automobile industry. The com... STERTOOLS.NS Profile

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