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Technicals for Central Bank of India
By MusingTheNews
2025-10-17 20:28
Overall Technical outlook
Price Summary
On 2025-10-16, Central Bank of India's stock began at 38.25, peaked at 38.78, bottomed at 37.74, and closed -0.89% lower at 37.91, with a volume of 7366619 shares. During the 52-week span, the stock hit a high of 61.01 and a low of 33.86.
Technicals
Support and Resistance: At 37.91, the price for CENTRALBK is supported at 36.81 and resisted at 38.09. This indicates a trading range where 36.81 serves as a support level, potentially preventing further decline, while 38.09 could limit upward movement. Support/Resistance for CENTRALBK
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong market momentum, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the market's direction. Aroon chart for Central Bank of India
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Central Bank of India
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 Central Bank of India
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Central Bank of India
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CENTRALBK, with no strong trend emerging. Tripple SMA chart for Central Bank of India
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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