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Technicals for CCL Products (India) Limited
By MusingTheNews
2025-06-13 20:27
Overall Technical outlook
Price Summary
The stock of CCL Products (India) Limited experienced a -3.37% plunge, showcasing a lacklustre market performance. On 2025-06-12, CCL Products (India) Limited's stock began at 859.55, peaked at 859.55, bottomed at 824.5, and closed -3.37% down at 830.6, with a volume of 312079 shares. In the past year, the highest stock price was 897.6, and the lowest was 550.8. CCL's future price is expected to lie between 681.0 and 1016.0, with an average expectation of 809.7, as per the recommendations of 10 analysts.
Technicals
Aroon: The AROON is currently in a neutral position for CCL Products (India) Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for CCL Products (India) 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 CCL Products (India) Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for CCL. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for CCL Products (India) Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for CCL Products (India) Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for CCL Products (India) 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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