Vodafone Idea Share Price | Penny stocks fall, big signals on stock charts, what will happen next – NSE: IDEA
Vodafone Idea Share Price | There was a huge fall in the stock market on Tuesday. Vodafone Idea Company (NSE: IDEA) Shares of were also trading at Rs 8.39, down by 1.29%. Vodafone Idea share has fallen below its 52-week low. This has increased the concern of investors. On Wednesday, October 23, the stock was trading at Rs 8.27, down 1.55 per cent. (Vodafone Idea Company excerpt)
Stock Rating and Short Term Simple Moving Average
Vodafone Idea shares have fallen 9.20 percent in the last five days. Live Mint experts have given SELL rating to Vodafone Idea shares. According to the stock technical report, Vodafone Idea shares are trading under short term simple moving averages of 5, 10, 20 days and long term moving averages of 50, 100 and 300 days. On Thursday (24 October 2024), the stock was trading at Rs 8.14, down 1.33%.
Classic Pivot Level
Classic Pivot Levels analysis of Vodafone Idea Company stock shows that the key resistance of the stock in daily time frame is at Rs 8.63, Rs 8.86 and Rs 9.0, while the key support levels of the stock are at Rs 8.26, Rs 8.12 and Rs 7.89.
What is the expert's advice?
According to Live Mint Technical Analysis, there are signs of a sharp decline in Vodafone Idea shares. However, Vodafone Idea company shares are expected to grow by an average of 30.95% in 1 year and the target price will be Rs 11.
Stock Market Benchmark Index Vs Vodafone Idea Share
Data shows that Vodafone Idea stock is performing poorly compared to the overall market performance. The Sensex benchmark index of the stock market is down just 0.28%. Whereas Vodafone Idea shares recorded a decline of 3.22%. The stock has fallen 16.70 percent in the last one month, while the Sensex has fallen only 4.20 percent.
return on stock
The stock has declined 34.96% in the last 6 months. The stock has declined 23.38% in the last 1 year. The stock has given 104% returns in the last 5 years. The stock is down 50% on a YTD basis.
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