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Technicals for CreditAccess Grameen Limited
By MusingTheNews
2025-06-13 20:30
Overall Technical outlook
Price Summary
CreditAccess Grameen Limited's stock dived -2.39% today, reflecting an awfulnding market day. On 2025-06-12, CreditAccess Grameen Limited's stock opened at 1219.9, spiked to 1219.9, declined to 1179.5, and closed -2.39% down at 1190.8, with 217618 shares traded. The stock's highest price over the 52-week span is 1496.05, while the lowest price is 813.9. 16 analysts estimate that the future price of CREDITACC will fall between 700.0 and 1425.0, with an average price expectation of approximately 1191.0.
Technicals
Support and Resistance: The price of 1190.8 is supported at 1145.25 and encounters resistance at 1199.8. This suggests key levels where the price might find stability, with 1145.25 providing a base and 1199.8 acting as an upper boundary for CREDITACC. Support/Resistance for CREDITACC
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CREDITACC, with no strong trend emerging. 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 continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. 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 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 CreditAccess Grameen 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 CreditAccess Grameen 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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