Technicals for Finolex Cables Limited

Price Summary

FINCABLES's shares experienced a significant -2.23% plunge, indicating a mediocre market performance.
On 2026-07-01, Finolex Cables Limited's stock opened at 1170.6, reached a high of 1185.8, dropped to a low of 1125.0, and closed lower -2.23% at 1144.5, with a trading volume of 297199 shares.
In the 52-week period, the stock's peak price is 1190.5, and the lowest price recorded is 710.8.

Technicals

Support and Resistance: With the current price at 1144.5, support is found at 1141.3 and resistance at 1190.5. These levels indicate where buyers might step in at 1141.3, while sellers could limit gains at 1190.5, defining a trading boundary for Finolex Cables Limited.


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.


Bol. Bands: The current state of the BOLL BANDS is neutral for FINCABLES, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Finolex Cables Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.


Stochastic: The stochastic indicator is in a bullish position, with the K-line above both the D-line and the 80 level. This configuration suggests strong upward momentum, indicating that the market may continue its positive trend. Traders might view this as a sign of ongoing strength in the market.


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move.


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.