MarketsmithIndia Articles

Stocks Down In Price Today, 12th August, 2021 | MarketSmith India

August 12 2021 | Reading Time: 1 Minutes

Kirloskar Industries

 

Stock has rallied nearly 126% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 63 which is a respectable rating, but needs improvement. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of E. This represents heavy institutional selling over the past 13 weeks.

 

Today, Kirloskar Industries stock closed -2.7% down on a 193.9% greater volume than the 50-day average. A leading stock that closes down in heavy volume is often sending a signal that the rally might be coming to an end. For now, you may want to keep a close eye on the stock so that you can act if it triggers your sell signal.

What do you think? Please email us any questions or comments.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.

Related Article

Loading...