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Technicals for CG Power and Industrial Solutions Limited
By MusingTheNews
2025-04-25 20:27
Overall Technical outlook
Price Summary
CG Power and Industrial Solutions Limited had a poor day at the stock market, and its shares slumped -2.45%. On 2025-04-25, CG Power and Industrial Solutions Limited's stock began at 649.0, climbed to 649.35, dropped to 617.7, and had -2.45% to end at 633.1, with a volume of 3224079 shares. The stock's highest value over the last 52 weeks is 858.15, and the lowest value is 540.5. 11 analysts suggest that CGPOWER's future price will lie between 514.0 and 930.0, with an average expected price of roughly 726.36365.
Technicals
Support and Resistance: The current price is 633.1, with support at 612.0 and resistance at 640.15. This range suggests that the price might move between these levels, with 612.0 offering support and 640.15 capping further gains for CG Power and Industrial Solutions Limited. Support/Resistance for CGPOWER
Aroon: The AROON is in a neutral stance for CGPOWER, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for CG Power and Industrial Solutions Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for CG Power and Industrial Solutions Limited
Parabolic SAR: The PSAR for CGPOWER 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 CG Power and Industrial Solutions Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for CG Power and Industrial Solutions Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for CG Power and Industrial Solutions Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for CGPOWER, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for CG Power and Industrial Solutions Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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