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Technicals for Coforge Limited
By MusingTheNews
2025-06-13 20:29
Overall Technical outlook
Price Summary
In today's trading session, COFORGE's shares dived by -2.03%, marking a mediocre day. Coforge Limited's stock opened at 1821.5 on 2025-06-12, surged to a high of 1828.0, hit a low of 1766.5, and closed up -2.03% at 1784.5, with 1603412 shares traded. In the last 52 weeks, the stock's top price was 9817.95 and the bottom price was 1724.5. The future price of COFORGE is projected to range from 1144.0 to 2200.0, with an average expected price of 1758.5448, according to 29 analysts.
Technicals
Aroon: The AROON is currently in a neutral position for Coforge 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 Coforge Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Coforge Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for COFORGE. Parabolic Stop and Reverse chart for Coforge Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while staying below 20, often indicating the start of a bullish move. This setup suggests that the market might be in the early stages of an upward trend, emerging from a period of lower levels. Investors might see this as a positive signal for buying. Stochastic chart for Coforge Limited
Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future. Tripple SMA chart for Coforge 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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