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Technicals for Can Fin Homes Limited
By MusingTheNews
2025-06-13 20:27
Overall Technical outlook
Price Summary
Can Fin Homes Limited's shares sank -2.42% today, reflecting a lacklustre day on the market. On 2025-06-12, Can Fin Homes Limited's shares started at 816.5, peaked at 816.5, bottomed out at 790.9, and ended -2.42% lower at 796.7, with 329628 shares traded. In the 52-week period, the stock's peak price is 931.2, and the lowest price recorded is 574.8. Based on recommendations from 15 analysts, the future price of CANFINHOME is expected to range from 750.0 to 1000.0, with an average price expectation around 857.6667.
Technicals
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 Can Fin Homes Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. 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 reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn. Stochastic chart for Can Fin Homes Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Can Fin Homes Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Can Fin Homes 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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