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Technicals for CEAT Limited
By MusingTheNews
2025-04-25 20:28
Overall Technical outlook
Price Summary
The stock of CEAT Limited experienced a -2.58% collapse, showcasing a unimpressive market performance. On 2025-04-25, CEAT Limited's shares started at 3115.0, peaked at 3117.4, bottomed out at 3003.1, and ended -2.58% lower at 3034.5, with 105267 shares traded. During the 52-week span, the stock hit a high of 3415.75 and a low of 2235.9. Analysts' predictions indicate that CEATLTD's future price will be between 2350.0 and 4000.0, with a mean price expectation of approximately 3382.9443.
Technicals
Support and Resistance: The current price is 3034.5, with support at 3010.95 and resistance at 3142.05. This range suggests that the price might move between these levels, with 3010.95 offering support and 3142.05 capping further gains for CEAT Limited. Support/Resistance for CEATLTD
Aroon: Aroon's bullish trend persists, with Aroon Up staying at the 100 level. This indicates strong market momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future direction. Aroon chart for CEAT Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for CEAT Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for CEAT Limited
Stochastic: The stochastic indicator reflects bullish conditions for CEATLTD, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for CEAT Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for CEAT Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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