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Technicals for CESC Limited
By MusingTheNews
2025-06-13 20:27
Overall Technical outlook
Price Summary
A -3.4% tumble in CESC Limited's stock marked an lousy day on the market. On 2025-06-12, CESC Limited's stock began at 171.71, peaked at 171.98, bottomed at 165.15, and closed -3.4% lower at 165.88, with a volume of 2110126 shares. During the 52-week span, the stock hit a high of 208.41 and a low of 122.18. Analysts' predictions indicate that CESC's future price will be between 145.0 and 250.0, with a mean price expectation of approximately 198.0.
Technicals
Support and Resistance: The price of 165.88 is supported at 159.35 and faces resistance at 171.92. This range suggests key levels for CESC where the price may stabilize, with 159.35 acting as a support and 171.92 as a cap on gains. Support/Resistance for CESC
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for CESC Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for CESC Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for CESC Limited
Parabolic SAR: The PSAR for CESC continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for CESC Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for CESC Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages indicates a bearish trend for CESC, but the wavering slopes of the 20 and 50 SMAs suggest that this momentum may be fading. This weakening could be a precursor to a bullish reversal, as the market's current downtrend shows signs of losing steam. Investors may soon see a shift towards more positive price action as the trend begins to change. Tripple SMA chart for CESC Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make 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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