On the technical front, the stock's RSI (relative strength index) stood at 82.944. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
The stock is trading above its 50 and 100 days simple moving average placed at 5525.14 and 4961.91 respectively. These levels will act as crucial support zones in near term.
Alkyl Amines Chemicals is a global supplier of amines and amine-based chemicals to the pharmaceutical, agrochemical, rubber chemical & water treatment industries, among others.
