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Technicals for CESC Limited
By MusingTheNews
2025-10-17 20:27
Overall Technical outlook
Price Summary
On 2025-10-16, CESC Limited's stock began at 177.0, peaked at 177.65, bottomed at 173.5, and closed -1.15% down at 174.96, with a volume of 3774749 shares. The stock's highest price over the 52-week span is 199.66, while the lowest price is 122.18. 12 analysts forecast that the price of CESC will range from 160.0 to 250.0, with an average expected price near 207.91667.
Technicals
Support and Resistance: The current price for CESC is 174.96, supported at 171.92 with resistance at 178.82. This indicates a trading range where 171.92 might prevent further declines, while 178.82 could hinder additional gains. Support/Resistance for CESC
Aroon: Aroon's bullish trend persists, with Aroon Up at the 100 level, signaling strong upward momentum. Further exploration with additional indicators is needed to confirm the trend's durability and potential for continued growth. Aroon chart for CESC Limited
Bol. Bands: The price dipping under the upper Bollinger Band could signal an upcoming decline. This technical indicator suggests that the asset is overbought and may be poised for a correction. Traders might interpret this as a potential reversal, where the bullish momentum is slowing down, making it a key moment for evaluating trading strategies. Bolinger Bands chart for CESC Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for CESC Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for CESC Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for CESC Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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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