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Technicals for Central Bank of India
By MusingTheNews
2025-06-13 20:28
Overall Technical outlook
Price Summary
Central Bank of India's stock slid -4.21% today, marking a lacklustre performance in the market. On 2025-06-12, Central Bank of India's stock opened at 40.15, peaked at 40.18, hit a low of 38.3, and closed -4.21% lower at 38.46, with 11145140 shares changing hands. The stock's highest value over the last 52 weeks is 65.57, and the lowest value is 33.86.
Technicals
Support and Resistance: The current price is 38.46, with support at 36.81 and resistance at 38.52. This range suggests that the price might move between these levels, with 36.81 offering support and 38.52 capping further gains for Central Bank of India. Support/Resistance for CENTRALBK
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Central Bank of India
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Central Bank of India
Parabolic SAR: The PSAR for CENTRALBK maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Central Bank of India
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for CENTRALBK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Central Bank of India
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Central Bank of India. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Central Bank of India
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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