Posted On: September 11, 2023

Stock Report: ROUTE(NSE) 08 Sep 2023

Outlook: Bullish

Sector: Communication Services 

Industry: Furnishings, Fixtures & Appliances

Route Mobile Ltd is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). Its range of enterprise communication services includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics, and Monetization. The company’s products and services include Messaging; Operator; Voice; Email; Identity Solution; and Bespoke Solutions. Its geographical operations are spread across India, Dubai, United Kingdom and Nigeria.

#xCalData predicts that # ROUTE will continue its bullish phase over the next five days and trend within the range of 1530 to 1596. 

In comparison to the previous month, the price of the stock has experienced a increase of 6.2% indicating a bullish.

The Stock has doubled once since 21 Sep 2020 and took an average of 0.4 years to double.

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 2 years for the same week, we see the stock has given negative returns in 1 years in the past. 

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

Collectively, xCalData suggests the stock would be in Bullish 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

Similar Posts