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Technicals for Central Bank of India
By MusingTheNews
2026-02-02 20:28
Overall Technical outlook
Price Summary
On 2026-02-02, Central Bank of India's stock opened at 36.55, reached a high of 36.55, dropped to a low of 35.52, and closed lower -0.52% at 36.36, with a trading volume of 5590580 shares. The stock reached its highest price of 51.53 and its lowest price of 33.86 during the 52-week period.
Technicals
Support and Resistance: The price of 36.36 is supported at 35.18 and capped by resistance at 36.56. These levels mark key points for Central Bank of India where the price could find stability, with 35.18 as a floor and 36.56 as a ceiling. Support/Resistance for CENTRALBK
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. 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 maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Central Bank of India
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Central Bank of India
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Central Bank of India
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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