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Technicals for Century Plyboards (India) Limited
By MusingTheNews
2025-08-15 20:28
Overall Technical outlook
Price Summary
Century Plyboards (India) Limited's stock started trading at 721.4 on 2025-08-13, climbed to 731.85, fell to 716.1, and closed 0.7% higher at 726.45, with 26106 shares traded. The highest price the stock achieved in the past 52 weeks is 916.5, while the lowest price it saw is 667.5. 19 analysts forecast that the price of CENTURYPLY will range from 690.0 to 946.0, with an average expected price near 812.7368.
Technicals
Support and Resistance: The current price sits at 726.45, supported at 719.25 and capped by resistance at 771.45. These levels define a range for CENTURYPLY where the price might stabilize, with 719.25 as a floor and 771.45 as a ceiling. Support/Resistance for CENTURYPLY
Aroon: AROON is signaling a strong bearish trend, with Aroon Down increasing and the Aroon Oscillator remaining low. This suggests that the downward trend is likely to continue, signaling sustained bearish momentum. The steady low level of the Aroon Oscillator indicates that the market may face further declines. Aroon chart for Century Plyboards (India) Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Century Plyboards (India) Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for CENTURYPLY. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Century Plyboards (India) Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for CENTURYPLY. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation. Stochastic chart for Century Plyboards (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Century Plyboards (India) 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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