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Technicals for Coforge Limited
By MusingTheNews
2025-08-15 20:30
Overall Technical outlook
Price Summary
On 2025-08-14, COFORGE's stock began at 1626.0, peaked at 1649.9, dipped to 1621.6, and closed up 0.98% at 1642.0, with a volume of 1241786 shares. The stock reached its highest price of 9817.95 and lowest price of 1606.8 over the last 52 weeks. According to 31 analysts, the future price is anticipated to vary between 1140.0 and 2400.0, with an average expected price of around 1884.0646.
Technicals
Aroon: The current state of the AROON is neutral for COFORGE, 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. Aroon chart for Coforge Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. 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 state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Coforge Limited
Tripple Moving Agerage: The moving averages for COFORGE for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for Coforge Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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