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Technicals for Crompton Greaves Consumer Electricals Limited
By MusingTheNews
2025-06-13 20:30
Overall Technical outlook
Price Summary
Crompton Greaves Consumer Electricals Limited's shares slid -2.29% today, reflecting a lacklustre day on the market. Crompton Greaves Consumer Electricals Limited's stock opened at 351.8 on 2025-06-12, surged to a high of 352.9, hit a low of 341.7, and closed up -2.29% at 343.75, with 3145019 shares traded. In the past year, the highest stock price was 477.05, and the lowest was 321.15. As per recommendations from 32 analysts, CROMPTON's future price is expected to span between 317.0 and 491.0, with a mean price around 429.1875.
Technicals
Support and Resistance: With the current price at 343.75, support is found at 337.3 and resistance at 353.5. These levels indicate where buyers might step in at 337.3, while sellers could limit gains at 353.5, defining a trading boundary for Crompton Greaves Consumer Electricals Limited. Support/Resistance for CROMPTON
Aroon: The AROON indicator suggests a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed. This combination signals a continuation of the downward trend, indicating that bearish momentum is likely to persist. The steady low reading of the Aroon Oscillator suggests further weakness in the market. Aroon chart for Crompton Greaves Consumer Electricals Limited
Bol. Bands: In a pronounced bearish move, the current price for Crompton Greaves Consumer Electricals Limited has crossed under the lower Bollinger Band, falling sharply from a position above the middle band. This significant drop, moving across two bands in one go, highlights a strong downward momentum in the market. Such a move suggests heightened selling pressure and may indicate the continuation of a bearish trend, or potentially an oversold condition that could lead to a reversal. Bolinger Bands chart for Crompton Greaves Consumer Electricals Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Crompton Greaves Consumer Electricals Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Crompton Greaves Consumer Electricals Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for CROMPTON, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Crompton Greaves Consumer Electricals Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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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