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(VARROC) Varroc Engineering complete technical analysis [charts+indicators] | Buy/Sell Varroc Engineering | (VARROC) share price targets

Complete technical analysis of Varroc Engineering (VARROC) by charts plus indicators, forecast predictions and share price targets for Varroc Engineering (VARROC)

Showing technical analysis as on 2024-10-22 View latest technical analysis

10 day averaged volume of Varroc Engineering is 220456

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	530.70	555.00	556.45	528.75	1.282 times
21 Mon Oct 2024	559.35	573.10	576.70	551.10	0.981 times
18 Fri Oct 2024	572.70	573.75	575.70	559.50	1.031 times
17 Thu Oct 2024	573.75	577.50	577.55	563.25	1.004 times
16 Wed Oct 2024	577.50	595.30	595.90	575.05	0.927 times
15 Tue Oct 2024	595.30	577.00	599.95	574.40	2.169 times
14 Mon Oct 2024	575.95	578.95	579.10	565.50	0.587 times
11 Fri Oct 2024	575.70	587.50	587.50	571.35	0.441 times
10 Thu Oct 2024	584.75	584.95	586.90	574.10	0.891 times
09 Wed Oct 2024	584.85	573.90	593.90	571.00	1.268 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 546, for a target of 562.5 or 576.34

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	503.05
Downside Target	518.00
Downside Target	528.75
Upside Target	559.50
Upside Target	576.70
Upside Target	593.90
Upside Target	597.05
Upside Target	599.95
Upside Target	601.50
Upside Target	644.00
Upside Target	704.80
Upside Target	716.90

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	514.07
Downside Intraday Target	497.43
Upside Intraday Target	562.02
Upside Intraday Target	593.33
Upside Intraday Target	545.38

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	530.70	573.10	576.70	528.75	0.396 times
18 Fri Oct 2024	572.70	578.95	599.95	559.50	1.189 times
11 Fri Oct 2024	575.70	579.00	593.90	531.65	0.972 times
04 Fri Oct 2024	571.80	582.00	601.50	563.70	0.534 times
27 Fri Sep 2024	582.10	578.00	595.30	562.00	1.394 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Varroc Engineering (VARROC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	530.70	589.90	601.50	528.75	0.646 times
30 Mon Sep 2024	586.95	571.30	595.30	541.00	0.326 times
30 Fri Aug 2024	568.85	644.00	644.00	518.00	3.449 times
31 Wed Jul 2024	638.70	656.00	704.80	597.05	0.256 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Varroc Engineering (VARROC)

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Varroc Engineering ( (VARROC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Varroc Engineering stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Varroc Engineering in short term and the sell signal is strong.

Varroc Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Varroc Engineering in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Varroc Engineering is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 574.3 and Varroc Engineering (VARROC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Varroc Engineering (VARROC) stock. Volume based technical analysis of Varroc Engineering (VARROC) stock is negative.

Varroc Engineering Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.