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Technicals for Century Plyboards (India) Limited
By MusingTheNews
2025-04-25 20:28
Overall Technical outlook
Price Summary
A -2.18% fall in Century Plyboards (India) Limited's stock marked an lacklustre day on the market. On 2025-04-25, CENTURYPLY's stock began at 735.0, peaked at 736.9, dipped to 696.5, and closed up -2.18% at 718.95, with a volume of 48668 shares. In the past year, the highest stock price was 916.5, and the lowest was 637.35. The anticipated price is forecasted to be between 670.0 and 1058.0, with an average price expectation of 874.75, based on input from 20 analysts.
Technicals
Support and Resistance: The price sits at 718.95, supported by 699.8 and resisted by 752.75. This indicates a trading range where 699.8 provides a floor, preventing declines, and 752.75 acts as a ceiling, limiting further price increases for CENTURYPLY. Support/Resistance for CENTURYPLY
Aroon: The AROON is currently in a neutral position for Century Plyboards (India) Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. 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 bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for CENTURYPLY. Parabolic Stop and Reverse chart for Century Plyboards (India) Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Century Plyboards (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Century Plyboards (India) Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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