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Technicals for Britannia Industries Limited
By MusingTheNews
2025-06-13 20:27
Overall Technical outlook
Price Summary
In today's trading, Britannia Industries Limited's stock slid by -2.26%, showcasing an lousy market day. Britannia Industries Limited's stock opened at 5698.0 on 2025-06-12, surged to a high of 5698.0, hit a low of 5560.0, and closed up -2.26% at 5569.5, with 305696 shares traded. Throughout the 52-week period, the stock hit a high of 6446.05 and a low of 4575.2. According to 36 analysts, the price of BRITANNIA in the future is projected to be between 4850.0 and 6770.0, with an average expected price of 5781.3613.
Technicals
Support and Resistance: The price currently sits at 5569.5, finding support at 5461.9 and resistance at 5667.0. These levels define a range for Britannia Industries Limited where the price may move, with 5461.9 offering a base and 5667.0 limiting upward momentum. Support/Resistance for BRITANNIA
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Britannia Industries Limited
Bol. Bands: The price for BRITANNIA has moved below the upper Bollinger Band, signaling a potential downward trend. Traders might interpret this as a sign that the asset is losing momentum and could see a decline. This technical indicator often suggests that the market is overbought, and a price correction might be imminent, making it a critical point for those considering short positions. Bolinger Bands chart for Britannia Industries Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Britannia Industries Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Britannia 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 Britannia Industries Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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