Posted On: July 25, 2023

Stock Report : LYKALABS (NSE) 24 Jul 2023

Outlook: Bearish 

Sector: Healthcare  

Industry: Biotechnology

Lyka Labs Ltd is an Indian biotechnology company. It mainly engages in the development of specialized formulations. The commercialized formulations of the company consist of hair care, anti-aging, acne management, skin lightening, face washes, sunscreens, facial scrubs, and others.

#xCalData predicts that # LYKALABS will continue its bearish phase over the next five days and trend within the range of 106 to 115. 

In comparison to the previous month, the price of the stock has experienced a decline of 10.74% indicating a bearish.

 The Stock has doubled thrice since 02 Jan 2015 and took an average of 2.3 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely RSI indicate Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData

Banner ads

Popular Posts

Popular Categories

Similar Posts

.August 23, 2024

#GLAND (NSE) Stock Report | 22 Nov 2024

.August 23, 2024

#STERTOOLS (NSE) Stock Report | 21 Nov 2024

.August 23, 2024

#SAKAR (NSE) Stock Report | 19 Nov 2024

.August 23, 2024

#EVEREADY (NSE) Stock Report | 19 Nov 2024