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Technicals for Craftsman Automation Limited
By MusingTheNews
2025-06-13 20:30
Overall Technical outlook
Price Summary
A -2.58% decrease in Craftsman Automation Limited's stock marked an lousy day on the market. Craftsman Automation Limited's stock opened at 5398.0 on 2025-06-12, surged to a high of 5429.5, hit a low of 5238.0, and closed up -2.58% at 5259.0, with 23063 shares traded. The stock's highest price over the 52-week span is 6604.55, while the lowest price is 3933.05. Analysts predict that the future price will fluctuate between 4641.0 and 7700.0, with the mean expected price being approximately 5669.5.
Technicals
Support and Resistance: The price of 5259.0 is supported at 5103.45 and capped by resistance at 5663.7. These levels mark key points for Craftsman Automation Limited where the price could find stability, with 5103.45 as a floor and 5663.7 as a ceiling. Support/Resistance for CRAFTSMAN
Aroon: AROON is showing a strong bearish trend for Craftsman Automation Limited, with Aroon Down rising and the Aroon Oscillator staying low. This combination suggests that the downward trend is likely to continue, signaling ongoing bearish momentum. The steady low level of the Aroon Oscillator indicates further weakness in the market. Aroon chart for Craftsman Automation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Craftsman Automation Limited
Parabolic SAR: The PSAR remains bearish for Craftsman Automation Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Craftsman Automation Limited
Stochastic: As the Stochastic K-line dips below the D-line and under 20, it points to a mildly bearish market scenario. This configuration hints at some bearish sentiment, but it is not particularly strong. Investors should remain cautious and observe the market for any further signs of a downturn. Stochastic chart for Craftsman Automation Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Craftsman Automation Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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