Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Salona Cotspin Limited

SALONA.BO Technical Analysis Summary (BSE)

Analyze SALONA.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SALONA.BO●BSE
IndustrialsManufacturing - Textiles
₹246.00
₹8.30(3.26%)
Indian Market opens in 16h 49m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SALONA.BO Technical Analysis Summary (BSE)

Salona Cotspin Limited (BSE: SALONA.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.82)
Trend Strength:Weak (ADX: 14.00)
Volatility:High (ATR: 16.90)
Support/Resistance:$242.37 – $266.82 (Bollinger Bands)

Technical conditions suggest Salona Cotspin Limited on the BSE is awaiting a decisive move. Technical conditions suggest Salona Cotspin Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 40.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 39.31

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.45

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.60

Bearish
Selling pressure outweighs buying.

Takeaway:Salona Cotspin Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.83

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.00

Weak
Weak trend, market trading sideways.

ATR (14): 16.90

Rising
Rising volatility, market activity increasing.

CCI (14): -133.30

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Salona Cotspin Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$266.82
Middle Band (SMA 20)
$254.60
Lower Band
$242.37
Current Position
Within Bands

Takeaway:Salona Cotspin Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$291.35
Middle Line (EMA 20)
$257.55
Lower Channel
$223.75
Squeeze Status
Squeeze On

Takeaway:Salona Cotspin Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-12.94K
Money Flow Index85.87Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index34.67Bearish, price momentum favors sellers.

Overall Takeaway:SALONA.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Salona Cotspin Limited (BSE: SALONA.BO), here are the key trading signals and recommendations:

Bullish Signals

No significant bullish signals detected.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Salona Cotspin Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SALONA.BO) Technical Analysis FAQ