TATAMTRDVR is trading near the lows of last 1 year.
In the medium term the prices have been in Downtrend.
Longer to medium Term Trend is Down.
TATAMTRDVR Japanese Candlestick Analysis:
TATAMTRDVR is trading near the Bottom of the day's range.
Lower High and Lower Low compared to previous day. Bearish
Day's Range: 135.10 ~ 137.00
TATAMTRDVR opened at 135.50 compared to previous close of 136.00
2018-08-14 was NR7 day. NR7 day after a trending move usually implies loss of momentum in trend. Range expansion is likely after NR7 day.
1 candlestick pattern: The candlestick pattern formed is similar to a Doji Candle. Gravestone Doji (Highly Bearish)
2 candlestick pattern: none
3 candlestick pattern: none
TATAMTRDVR Gap Support and Resistance
TATAMTRDVR day chart has unfilled gap down on 2018-05-15: 189.65~190.25 to act as resistance.
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2018-08-14
TATAMTRDVR Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 164.5
20-Day average volume: 2,393,697
TATAMTRDVR has average daily volume of 2,393,697 compared to today's volume of 2,116,000. It is currently trading Below 20 day simple moving average.
50-Day SMA: 266.5
50-Day average volume: 2,091,920
Short Term Trend is Down!!!
It is currently trading about 48% below it's 52-week high.
TATAMTRDVR has made a new 52-week low today at 135.10.
For any stock, the 52-week low event is an important milestone because it implies very negative momentum. During such technical setups, fundamental investors usually stay away and are careful buying the stock.
Disclaimer: This tool is designed for educational purpose only. Please consult your financial advisor before making any investing or trading decision. The site does not take any resposibility for any profit or loss.
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