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Trending Stocks : CreditAccess Grameen : Good Results & Technicals : CREDITACC

CreditAccess Grameen Ltd or CREDITACC is a midcap stock which reported good standalone numbers in Q2 Sep 2019. Revenue up 26% and Profit after tax up 37%. Stock gained 111% in last 52 weeks period.

CreditAccess Grameen 1 year Price, ADX and Macd Charts

In one year charts, Adx, Macd showing good positive trend with Macd above base line and signal and Adx at 45.

CREDITACC Standalone Sales & PAT chart and RSI, OBV Charts

RSI at 62 showing good strength and not overbought too. OBV at 69.

CREDITACC Weekly Price, Macd & ADX Charts

In weekly charts also Adx and Macd in good positive trend and price is above 20 dma.

Since it is a finance stock its beta is around 1.5 so little volatile compared to index and PE at 29. So trade accordingly.