Analysis of the St. Louis Fed’s view that economic education strengthens monetary...
Technicals for Archean Chemical Industries Limited
By MusingTheNews
2025-10-17 20:23
Overall Technical outlook
Price Summary
Archean Chemical Industries Limited's stock, on 2025-10-16 opened at 638.9, climbed to a high of 646.75, dropped to a low of 638.25, and closed up 0.75% at 643.7, with 51383 shares traded. The peak price for the stock in the past 52 weeks is 717.0, with the lowest price being 417.2. The future price of ACI is projected to range from 635.0 to 800.0, with an average expected price of 714.5714, according to 7 analysts.
Technicals
Support and Resistance: With the current price at 643.7, support is found at 633.05 and resistance at 656.7. These levels indicate where buyers might step in at 633.05, while sellers could limit gains at 656.7, defining a trading boundary for Archean Chemical Industries Limited. Support/Resistance for ACI
Aroon: The AROON is currently in a neutral position for Archean Chemical Industries 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. Aroon chart for Archean Chemical Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Archean Chemical Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Archean Chemical Industries Limited
Parabolic SAR: The PSAR for ACI continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Archean Chemical Industries Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while staying below 20, often indicating the start of a bullish move. This setup suggests that the market might be in the early stages of an upward trend, emerging from a period of lower levels. Investors might see this as a positive signal for buying. Stochastic chart for Archean Chemical Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Archean Chemical Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Archean Chemical Industries Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of South Asia's economic trajectory focusing on the potential of...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.