Overall Technical outlook

Price Summary

ACE's shares experienced a significant -2.31% drop, indicating a lacklustre market performance.
On 2025-06-12, Action Construction Equipment Limited's stock began at 1258.0, peaked at 1260.0, bottomed at 1225.0, and closed -2.31% down at 1228.9, with a volume of 131912 shares.
Throughout the 52-week period, the stock hit a high of 1559.8 and a low of 1026.5.

Technicals

Support and Resistance: The price of 1228.9 is supported at 1119.45 and encounters resistance at 1245.5. This suggests key levels where the price might find stability, with 1119.45 providing a base and 1245.5 acting as an upper boundary for ACE.
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Support/Resistance for ACE


Aroon: The AROON indicator is pointing to a bearish trend, with Aroon Down rising and the Aroon Oscillator reversing. This suggests a downward trend reversal, signaling that price may face continued pressure. The reversal in the oscillator highlights the potential for further declines.
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Aroon chart for Action Construction Equipment Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Action Construction Equipment Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Bolinger Bands chart for Action Construction Equipment Limited


Parabolic SAR: The PSAR for ACE continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.
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Parabolic Stop and Reverse chart for Action Construction Equipment Limited


Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that ACE may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator.
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Stochastic chart for Action Construction Equipment Limited


Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned in a bearish trend, reflecting ongoing downward momentum. However, the slower SMAs appear to be losing steam, which might indicate a potential shift. This weakening of the bearish trend could suggest that the market is nearing a pivot towards a bullish direction, with a possible reversal in the near future.
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Tripple SMA chart for Action Construction Equipment Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.