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Technicals for Can Fin Homes Limited
By MusingTheNews
2025-04-25 20:27
Overall Technical outlook
Price Summary
On 2025-04-25, Can Fin Homes Limited's shares started at 711.95, peaked at 729.0, bottomed out at 700.0, and ended 1.57% up at 723.15, with 1109294 shares traded. For the 52-week period, the stock's highest price is 931.2, and the lowest price is 574.8. Analysts predict that the future price will fluctuate between 716.0 and 1000.0, with the mean expected price being approximately 843.2.
Technicals
Support and Resistance: The current price of 723.15 for CANFINHOME finds support at 685.3 and resistance at 723.95. These levels define a range in which the price might oscillate, with 685.3 as a potential support and 723.95 as a resistance level. Support/Resistance for CANFINHOME
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Can Fin Homes Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for CANFINHOME. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Can Fin Homes Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Can Fin Homes Limited
Stochastic: The stochastic indicator for CANFINHOME shows the K-line falling below the D-line, while remaining above 80, suggesting a possible beginning of a bearish price move. This configuration may indicate that the market's upward momentum is losing steam, potentially leading to a downward trend. Traders should watch closely for further confirmation of this shift. Stochastic chart for Can Fin Homes Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Can Fin Homes Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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