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Technicals for Coforge Limited
By MusingTheNews
2025-12-12 20:30
Overall Technical outlook
Price Summary
On 2025-12-11, Coforge Limited's stock began at 1828.0, climbed to 1864.0, dropped to 1823.9, and had 0.73% to end at 1841.4, with a volume of 1305429 shares. The stock reached its highest price of 9817.95 and its lowest price of 1538.5 during the 52-week period. The price projection is between 1260.0 and 2500.0, with an average expected price around 1953.6875, according to 32 analysts.
Technicals
Support and Resistance: At 1841.4, the price is held up by support at 1764.0 and faces resistance at 1859.3 for COFORGE. This suggests a trading range where 1764.0 provides a base and 1859.3 limits upward movement. Support/Resistance for COFORGE
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 currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Coforge Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Coforge Limited
Stochastic: The current reading of the STOCHASTIC is neutral for COFORGE, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Coforge Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. 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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