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Technicals for Archean Chemical Industries Limited
By MusingTheNews
2025-06-13 20:23
Overall Technical outlook
Price Summary
Archean Chemical Industries Limited's stock, on 2025-06-12 opened at 634.0, climbed to a high of 649.8, dropped to a low of 627.0, and closed up -0.38% at 631.6, with 148146 shares traded. Over the previous 52 weeks, the stock reached a high of 821.0 and a low of 417.2. 7 analysts predict that the future price of ACI will be in the range of 620.0 to 750.0, with a mean expected price of about 692.8571.
Technicals
Support and Resistance: The price currently sits at 631.6, finding support at 596.7 and resistance at 661.4. These levels define a range for Archean Chemical Industries Limited where the price may move, with 596.7 offering a base and 661.4 limiting upward momentum. Support/Resistance for ACI
Aroon: The current state of the AROON is neutral for ACI, 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. Aroon chart for Archean Chemical Industries Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Archean Chemical Industries Limited
Parabolic SAR: The PSAR for ACI maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Archean Chemical Industries Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Archean Chemical Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. 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. Tripple SMA chart for Archean Chemical Industries Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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.
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