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Technicals for Craftsman Automation Limited
By MusingTheNews
2025-12-15 20:30
Overall Technical outlook
Price Summary
On 2025-12-15, Craftsman Automation Limited's stock opened at 7068.0, reached a high of 7140.5, dropped to a low of 7029.5, and closed up 0.32% at 7090.5, with a trading volume of 41416 shares. Throughout the 52-week period, the stock hit a high of 7175.5 and a low of 3933.05. The future price of CRAFTSMAN is anticipated to range from 6542.0 to 9300.0, with an expected mean price of 7814.0, according to the recommendations of 8 analysts.
Technicals
Support and Resistance: The current price is 7090.5, with support at 6863.5 and resistance at 7093.0. This range suggests that the price might move between these levels, with 6863.5 offering support and 7093.0 capping further gains for Craftsman Automation Limited. Support/Resistance for CRAFTSMAN
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Craftsman Automation Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for CRAFTSMAN, 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. Bolinger Bands chart for Craftsman Automation Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for CRAFTSMAN. Parabolic Stop and Reverse chart for Craftsman Automation Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Craftsman Automation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Craftsman Automation Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Craftsman Automation Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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