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Technicals for Campus Activewear Limited
By MusingTheNews
2026-02-02 20:28
Overall Technical outlook
Price Summary
The stock of CAMPUS spiked 6.78% today, reflecting a fantastic market performance. On 2026-02-02, Campus Activewear Limited's stock began at 255.0, climbed to 281.75, dropped to 255.0, and had 6.78% to end at 272.3, with a volume of 4356245 shares. Over the past 52 weeks, the stock reached a maximum price of 299.9 and a minimum price of 227.0. According to 7 analysts, the future price is anticipated to vary between 258.0 and 371.0, with an average expected price of around 305.2857.
Technicals
Support and Resistance: The price of 272.3 is supported at 269.45 and encounters resistance at 283.3. This suggests key levels where the price might find stability, with 269.45 providing a base and 283.3 acting as an upper boundary for CAMPUS. Support/Resistance for CAMPUS
Aroon: The AROON indicator is currently reflecting a strong bullish trend, as the Aroon Up has increased and the Aroon Oscillator has reversed. These signals suggest a reversal to an upward trend, indicating that market sentiment is shifting towards optimism. Investors might expect further upward movement, with the potential for continued gains in the market. Aroon chart for Campus Activewear Limited
Bol. Bands: The current price has recently moved above the upper Bollinger Band, marking a bullish signal. This breakout indicates that the market is experiencing heightened buying interest, pushing prices for CAMPUS beyond their usual range. Such a move is often viewed as a sign of increasing momentum, with the potential for further price gains. Bolinger Bands chart for Campus Activewear Limited
Parabolic SAR: The PSAR for CAMPUS has recently shifted from a bearish to a bullish direction, indicating a potential trend reversal. When combined with other indicators, this change could signal a strong bullish trend, provided it is supported by a broader market trend. Investors should consider this a positive development, especially if other indicators align with this shift. Parabolic Stop and Reverse chart for Campus Activewear Limited
Stochastic: The current state of the STOCHASTIC is neutral for CAMPUS, 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. Stochastic chart for Campus Activewear Limited
Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future. Tripple SMA chart for Campus Activewear Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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.
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