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Technicals for Coforge Limited
By MusingTheNews
2025-04-25 20:29
Overall Technical outlook
Price Summary
Coforge Limited's stock started trading at 7310.0 on 2025-04-25, climbed to 7514.0, fell to 7181.5, and closed 1.09% up at 7390.0, with 1004313 shares traded. The top price for the stock in the last 52 weeks is 9817.95, with the bottom price being 4301.8. The expected price range is between 5220.0 and 12000.0, with a mean anticipated price of 8749.451, according to 31 analysts.
Technicals
Aroon: The AROON 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. Aroon chart for Coforge Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Coforge Limited
Parabolic SAR: The PSAR continues to be bullish for COFORGE, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Coforge Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Coforge Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for COFORGE, raising the possibility of a change in direction. Tripple SMA chart for Coforge Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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