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Technicals for Craftsman Automation Limited
By MusingTheNews
2025-04-25 20:30
Overall Technical outlook
Price Summary
With a -2.45% collapse, Craftsman Automation Limited enjoyed a unimpressive day in the stock market. On 2025-04-25, Craftsman Automation Limited's stock opened at 4899.8, reached 4913.9, hit a low of 4668.3, and rose -2.45% to close at 4779.6, with 17254 shares traded. During the past 52 weeks, the highest stock price was 6604.55, and the lowest was 3933.05. 7 analysts forecast that the price of CRAFTSMAN will range from 4275.0 to 5815.0, with an average expected price near 5116.5713.
Technicals
Support and Resistance: The current price of 4779.6 for CRAFTSMAN is supported at 4659.85 and faces resistance at 4949.3. These levels indicate that 4659.85 could act as a floor, while 4949.3 might limit any further price increases. Support/Resistance for CRAFTSMAN
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 Craftsman Automation Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Craftsman Automation 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. 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 indicator is in a bullish state, with the K-line crossing above both the D-line and the 80 mark. This alignment suggests strong upward momentum, implying that the market may continue its positive trajectory. Traders may see this as a sign of ongoing strength for Craftsman Automation Limited. Stochastic chart for Craftsman Automation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Craftsman Automation Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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