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Technicals for Colgate-Palmolive (India) Limited
By MusingTheNews
2025-04-25 20:30
Overall Technical outlook
Price Summary
Colgate-Palmolive (India) Limited had a poor day at the stock market, and its shares tumbled -2.22%. On 2025-04-25, COLPAL's stock began at 2732.0, peaked at 2735.9, dipped to 2650.5, and closed up -2.22% at 2671.4, with a volume of 437052 shares. The top price for the stock in the last 52 weeks is 3838.1, with the bottom price being 2350.5. Future price predictions suggest a range between 2432.0 and 3645.0, with an average expected price of 2824.9062, as per 32 analysts.
Technicals
Support and Resistance: The price of 2671.4 is supported at 2450.0 and faces resistance at 2708.95. This range suggests key levels for COLPAL where the price may stabilize, with 2450.0 acting as a support and 2708.95 as a cap on gains. Support/Resistance for COLPAL
Aroon: The current state of the AROON 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. Aroon chart for Colgate-Palmolive (India) Limited
Bol. Bands: As the price falls below the upper Bollinger Band, it suggests a potential shift to a downward trend. This movement may indicate that the asset's recent uptrend is losing steam, prompting traders to anticipate a decline. Such a signal could be interpreted as a warning of an overbought condition, where the price correction is likely, making it a critical juncture for trading decisions. Bolinger Bands chart for Colgate-Palmolive (India) Limited
Parabolic SAR: The PSAR for COLPAL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Colgate-Palmolive (India) Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Colgate-Palmolive (India) 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 Colgate-Palmolive (India) 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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