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AI Analysis of TRIL.BO
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Transformers & Rectifiers stock downgraded to Hold/Accumulate
(Updated on Jun 25, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 118.75% PDF

The Transformers & Rectifiers stock price fell by -0.0134% on the last day (Tuesday, 25th Jun 2024) from ₹748.10 to ₹748.00. During the last trading day the stock fluctuated 4.33% from a day low at ₹728.00 to a day high of ₹759.50. The price has been going up and down for this period, and there has been a 2.11% gain for the last 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 -931 thousand shares and in total, 118 thousand shares were bought and sold for approximately ₹88.33 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 63.05% during the next 3 months and, with a 90% probability hold a price between ₹1,119.91 and ₹1,382.31 at the end of this 3-month period.

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TRIL.BO Signals & Forecast

The Transformers & Rectifiers 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 ₹768.61. On a fall, the stock will find some support from the long-term average at approximately ₹683.97. 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 Thursday, June 13, 2024, and so far it has fallen -7.45%. 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 Transformers & Rectifiers stock

On the downside, the stock finds support just below today's level from accumulated volume at ₹650.55 and ₹604.65. 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, Transformers & Rectifiers finds support just below today's level at ₹650.55. If this is broken, then the next support from accumulated volume will be at ₹604.65 and ₹576.30.

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 ₹31.50 between high and low, or 4.33%. For the last week, the stock has had daily average volatility of 5.84%.

Our recommended stop-loss: ₹707.32 (-5.44%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 31 days ago.)

Trading Expectations (TRIL.BO) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Transformers & Rectifiers to open at ₹745.17, and during the day (based on 14 day Average True Range), to move between ₹704.93 and ₹791.07, which gives a possible trading interval of +/-₹43.07 (+/-5.76%) up or down from last closing price. If Transformers & Rectifiers takes out the full calculated possible swing range there will be an estimated 11.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹748.10 (0.01%) than the support at ₹650.55 (13.03%), 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 Transformers & Rectifiers stock A Buy?

Transformers & Rectifiers holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.472 Hold/Accumulate Downgraded

Predicted Opening Price for Transformers & Rectifiers of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
₹745.17 ( 0.379%) ₹748.00

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

Trading levels for TRIL.BO

Fibonacci Support & Resistance Levels

Level Price
R3 776.67 3.83%
R2 764.63 2.22%
R1 757.20 1.23%
Price 748.00
S1 733.13 -1.99%
S2 725.70 -2.98%
S3 713.67 -4.59%

Accumulated Volume Support & Resistance Levels

Level Price
R3 808.20 8.05%
R2 780.10 4.29%
R1 748.10 0.0134%
Price 748.00
S1 650.55 -13.03%
S2 604.65 -19.16%
S3 576.30 -22.95%

TRIL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 10, 2024 May 10, 2024 Jun 12, 2024 ₹0.200 0.0248%
2 Jul 28, 2023 Jul 28, 2023 Aug 29, 2022 ₹0.150 0.387%
3 May 08, 2013 May 08, 2013 May 08, 2013 ₹0.750 7.63%
4 Jul 21, 2011 Jul 21, 2011 Jul 21, 2011 ₹5.00 22.06%
5 Jul 22, 2010 Jul 22, 2010 Jul 22, 2010 ₹5.00 12.65%

FAQ

What is the symbol for Transformers & Rectifiers Stock and on which exchange is it traded?
The symbol for Transformers & Rectifiers is TRIL.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Transformers & Rectifiers Stock?
Transformers & Rectifiers holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Transformers & Rectifiers Stock?
Transformers & Rectifiers Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Transformers & Rectifiers Stock.

What's the current price of Transformers & Rectifiers Stock?
As of the end of day on the Jun 25, 2024, the price of an Transformers & Rectifiers (TRIL.BO) share was ₹748.00.

What is the 52-week high and low for Transformers & Rectifiers Stock?
The 52-week high for Transformers & Rectifiers Stock is ₹845.70 and the 52-week low is ₹76.24.

What is the market capitalization of Transformers & Rectifiers Stock?
As of the Jun 25, 2024, the market capitalization of Transformers & Rectifiers is 116.399B.

When is the next earnings date for Transformers & Rectifiers ?
The upcoming earnings date for Transformers & Rectifiers is Aug 08, 2024.
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