TATAMOTORS 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.
TATAMOTORS Japanese Candlestick Analysis:
TATAMOTORS is trading near the Bottom of the day's range.
Lower High and Lower Low compared to previous day. Bearish
Day's Range: 156.50 ~ 160.50
TATAMOTORS had a gap-down opening with gap now acting as resistance area between 160.50 ~ 160.80
TATAMOTORS opened at 159.90 compared to previous close of 162.40
1 candlestick pattern: none
2 candlestick pattern: none
3 candlestick pattern: none
TATAMOTORS Gap Support and Resistance
TATAMOTORS day chart has unfilled gap down on 2018-12-10: 160.50~160.80 to act as resistance.
TATAMOTORS day chart has unfilled gap down on 2018-12-05: 173.00~175.30 to act as resistance.
TATAMOTORS day chart has unfilled gap down on 2018-10-09: 206.00~208.10 to act as resistance.
TATAMOTORS day chart has unfilled gap down on 2018-04-16: 352.80~354.40 to act as resistance.
TATAMOTORS day chart has unfilled gap down on 2016-09-12: 560.00~571.70 to act as resistance.
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2018-12-10
TATAMOTORS Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 176.3
20-Day average volume: 14,435,436
TATAMOTORS has average daily volume of 14,435,436 compared to today's volume of 13,520,000. It is currently trading Below 20 day simple moving average.
50-Day SMA: 186.0
50-Day average volume: 18,143,191
Short Term Trend is Down!!!
TATAMOTORS has resistance around the gap down area between today's high and previous low 160.50 ~ 160.80 and further near 162.40
It is currently trading about 65% below it's 52-week high.
TATAMOTORS has made a new 52-week low today at 156.50.
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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52-week high low summary
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