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Technicals for CreditAccess Grameen Limited
By MusingTheNews
2025-08-15 20:30
Overall Technical outlook
Price Summary
The stock of CREDITACC spiked 2.03% today, reflecting a outstanding market performance. On 2025-08-14, CreditAccess Grameen Limited's shares started at 1307.7, peaked at 1344.4, bottomed out at 1296.9, and ended 2.03% up at 1334.2, with 608207 shares traded. The stock reached its highest price of 1365.6 and its lowest price of 813.9 during the 52-week period. As per recommendations from 16 analysts, CREDITACC's future price is expected to span between 830.0 and 1530.0, with a mean price around 1327.0625.
Technicals
Support and Resistance: At 1334.2, the price is supported by 1306.5 and resisted by 1365.6. This indicates that the price for CreditAccess Grameen Limited might fluctuate between these levels, with 1306.5 acting as a support and 1365.6 limiting further upward movement. Support/Resistance for CREDITACC
Aroon: The current state of the AROON is neutral for CREDITACC, 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 CreditAccess Grameen Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for CreditAccess Grameen Limited
Parabolic SAR: The PSAR for CREDITACC continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for CreditAccess Grameen Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for CreditAccess Grameen Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for CreditAccess Grameen Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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