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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 2024-11-08 View latest technical analysis

10 day averaged volume of Varroc Engineering is 157359

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	525.15	531.00	533.20	520.00	0.64 times
07 Thu Nov 2024	531.20	535.95	542.05	528.30	0.43 times
06 Wed Nov 2024	536.55	518.50	538.70	518.50	0.907 times
05 Tue Nov 2024	518.25	519.00	525.95	509.05	0.696 times
04 Mon Nov 2024	519.45	528.00	528.05	508.75	0.66 times
01 Fri Nov 2024	525.25	522.90	526.50	520.05	0.106 times
31 Thu Oct 2024	518.95	521.25	525.25	511.00	0.877 times
30 Wed Oct 2024	521.25	508.20	526.55	508.20	2.357 times
29 Tue Oct 2024	508.10	518.00	521.50	505.00	0.919 times
28 Mon Oct 2024	518.65	515.95	521.10	503.20	0.954 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 513.4 as stoploss in an intra day buy trade for a target of 538.94. However, stock will show a bearish move below 513.4.

Share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Target	502.00
Upside Target	559.50
Upside Target	576.70
Upside Target	593.90
Upside Target	595.30
Upside Target	597.05
Upside Target	599.95
Upside Target	601.50
Upside Target	644.00
Upside Target	704.80

Intraday share price targets for Varroc Engineering (VARROC)

Target Type	Value
Downside Intraday Target	508.58
Downside Intraday Target	492.02
Upside Intraday Target	541.88
Upside Intraday Target	558.62
Upside Intraday Target	525.32

Weekly technical analysis of Varroc Engineering (VARROC)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	525.15	528.00	542.05	508.75	0.639 times
01 Fri Nov 2024	525.25	515.95	526.55	503.20	0.604 times
25 Fri Oct 2024	514.60	573.10	576.70	502.00	1.078 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

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
08 Fri Nov 2024	525.15	522.90	542.05	508.75	0.1 times
31 Thu Oct 2024	518.95	589.90	601.50	502.00	0.935 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Varroc Engineering in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Varroc Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 521.39 and Varroc Engineering (VARROC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.