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Activity Near The Key Moving Averages, 15th Sept 2021 | MarketSmith India

September 15 2021 | Reading Time: 13 Minutes
Panama Petrochem
 
Panama Petrochem has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 88. In the last twelve months, the stock has rallied over 376.4% as compared to 51.8% for the Nifty500. The EPS Rank of 96 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of B+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today Panama Petrochem has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 8.5% up on a 42.5% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.
 
Bhansali Engg.Po
 
Bhansali Engg.Po has rallied nearly 188.9% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 60 which is a respectable rating, but needs improvement. The EPS Rank of 97 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of B+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Bhansali Engg.Po stock closed 1.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.1% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Jsw Steel
 
Jsw Steel has rallied nearly 141.1% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 68 which is a respectable rating, but needs improvement. The EPS Rank of 93 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of B. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Jsw Steel stock closed 0.3% up, reclaiming its 21-day moving average. It closed 0.1% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Tamilnadu Petroprod
 
Tamilnadu Petroprod has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 88. In the last twelve months, the stock has rallied over 240.3% as compared to 51.8% for the Nifty500. The EPS Rank of 99 is exceptional indicating strong outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A- represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today, Tamilnadu Petroprod stock sliced through the 50-day moving average line. The stock closed -3.6% up on a 73.2% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness.
 
Usha Martin Ltd.
 
Usha Martin Ltd. has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 81. In the last twelve months, the stock has rallied over 169.6% as compared to 51.8% for the Nifty500. The EPS Rank of 76 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Usha Martin Ltd. stock closed 3.5% up, reclaiming its 21-day moving average. It closed 3.2% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Morepen Labs.Lt
 
Morepen Labs.Lt has rallied nearly 146% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 68 which is a respectable rating, but needs improvement. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today, Morepen Labs.Lt stock fell -2.6%, undercutting its 50-day moving average. It closed -1.9% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Route Mobile
 
Route Mobile has rallied nearly  % as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 74 which is a respectable rating, but needs improvement. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today Route Mobile has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 2.3% up on a 9.4% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.
 
Dhunseri Ventures
 
Dhunseri Ventures has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 95. In the last twelve months, the stock has soared over 402.5% as compared to 51.8% for the Nifty500. The EPS Rank of 77 is fair, but needs improvement.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A- represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today, Dhunseri Ventures stock closed 2.5% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.6% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Bhageria Industries
 
Bhageria Industries has rallied nearly 82.6% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 53 which is a respectable rating, but needs improvement. The EPS Rank of 85 is exceptional indicating outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A- represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today Bhageria Industries has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.8% up on a 118.5% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.
 
Kcp Ltd.
 
Kcp Ltd. has rallied nearly 129.9% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 71 which is a respectable rating, but needs improvement. The EPS Rank of 79 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today Kcp Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 6.4% up on a 64.6% greater volume than the 50-day average. Rising stocks often rebound from their 21-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.
 
Siyaram Silk
 
Siyaram Silk has rallied nearly 168.4% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 76 which is a respectable rating, but needs improvement. The EPS Rank of 67 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Siyaram Silk stock fell -1.4%, undercutting its 50-day moving average. It closed -1.2% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Chambal Fertilis
 
Chambal Fertilis has rallied nearly 104.3% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 59 which is a respectable rating, but needs improvement. The EPS Rank of 97 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Chambal Fertilis stock closed 1.7% up, reclaiming its 21-day moving average. It closed 1.3% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Shakti Pumps 
 
Shakti Pumps has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 82. In the last twelve months, the stock has rallied over 300.6% as compared to 51.8% for the Nifty500. The EPS Rank of 65 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Shakti Pumps stock closed 2.2% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 1% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Fortis Healthcare
 
Fortis Healthcare has rallied nearly 108.6% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 67 which is a respectable rating, but needs improvement. The EPS Rank of 60 is fair, but needs improvement.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today, Fortis Healthcare stock fell -1.3%, undercutting its 21-day moving average. It closed -1.6% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Sanghi Industries
 
Sanghi Industries has rallied nearly 147.4% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 75 which is a respectable rating, but needs improvement. The EPS Rank of 77 is fair, but needs improvement.
 
Today, Sanghi Industrie stock fell -0.6%, undercutting its 21-day moving average. It closed -0.3% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Ncl Industries
 
Ncl Industries has rallied nearly 113.9% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 65 which is a respectable rating, but needs improvement. The EPS Rank of 77 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Ncl Industries stock closed 1.5% up, reclaiming its 21-day moving average. It closed 2% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Lg Balakrishnan & Bros
 
Lg Balakrishnan & Bros has rallied nearly 68.1% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 52 which is a respectable rating, but needs improvement. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A- represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today, Lg Balakrishnan & Bros stock closed 1% up, reclaiming its 21-day moving average. It closed 1.3% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Birlasoft
 
Birlasoft has rallied nearly 108.9% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 70 which is a respectable rating, but needs improvement. The EPS Rank of 70 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today Birlasoft has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.4% up on a 64.3% greater volume than the 50-day average. Rising stocks often rebound from their 21-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.
 
Lakshmi Machines
 
Lakshmi Machines has rallied nearly 113.2% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 61 which is a respectable rating, but needs improvement. The EPS Rank of 54 is poor and needs improvement.
 
The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Lakshmi Machines stock closed 2.4% up, reclaiming its 21-day moving average. It closed 2.2% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Va Tech Wabag
 
Va Tech Wabag has rallied nearly 68.1% as compared to 51.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 55 which is a respectable rating, but needs improvement. The EPS Rank of 78 is fair, but needs improvement.
 
The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today Va Tech Wabag has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 0.3% up on a 29.8% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.
 
DailyFlag Name Price % Chg Vol % Chg RS Line EPS Rank
21SMABreak
Fortis Healthcare -1.3 -66.5 67 60
Sanghi Industrie -0.6 -71.4 75 77
21SMASupport
Jsw Steel 0.3 -58.2 68 93
Usha Martin Ltd. 3.5 -45.5 81 76
Kcp Ltd. 6.4 64.6 71 79
Chambal Fertilis 1.7 -49.7 59 97
Ncl Industries 1.5 -51.6 65 77
Lg Balakrishnan&Bros 1 -47.1 52 92
Birlasoft 5.4 64.3 70 70
Lakshmi Machines 2.4 -47.9 61 54
50SMABreak
Tamilnadu Petroprod -3.6 73.2 88 99
Morepen Labs.Lt -2.6 -41.3 68 95
Siyaram Silk -1.4 -76.6 76 67
50SMASupport
Panama Petrochem 8.5 42.5 88 96
Bhansali Engg.Po 1.4 -15.4 60 97
Route Mobile 2.3 9.4 74 92
Dhunseri Ventures 2.5 -50.4 95 77
Bhageria Industries 5.8 118.5 53 85
Shakti Pumps (In 2.2 -13.9 82 65
Va Tech Wabag 0.3 29.8 55 78

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