Signal price

ACC stock price: ACC shares up 0.37% as Nifty gains

Shares of . gained 0.37% to Rs 2,386.55 in Friday trading. It reached a maximum of Rs 2404.0 and a minimum of Rs 2356.0 during the session.

On the technical charts, the stock’s 200-DMA stood at Rs 2220.22, while the 50-DMA was at Rs 2344.76. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered to be in a downtrend and if it is trading between these averages, it suggests that the stock can go both ways. meaning.

The stock traded below the momentum indicator’s Moving Average Convergence Divergence signal line, or MACD, signaling a bearish bias on the meter. The MACD is known to signal the trend reversal of traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is drawn above the MACD to reflect “buy” or “sell” opportunities.

On the other hand, the relative strength index (RSI) of the stock stands at 46.58. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

The stock’s return on equity (RoE) stood at 13.01% while the return on capital employed (RoCE) was 10.4. RoCE is a financial ratio that determines a company’s profitability and the efficiency of capital utilization, while RoE is a measure of a company’s profitability relative to equity.