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Technicals for CSB Bank Limited
By MusingTheNews
2025-08-15 20:27
Overall Technical outlook
Price Summary
CSB Bank Limited's shares slid -5.83% today, reflecting a unimpressive day on the market. On 2025-08-13, CSBBANK's stock began at 408.95, peaked at 413.3, dipped to 378.4, and closed up -5.83% at 385.1, with a volume of 1600444 shares. Over the course of 52 weeks, the stock peaked at 435.2 and hit a low of 274.65.
Technicals
Support and Resistance: The price currently sits at 385.1, finding support at 372.65 and resistance at 392.2. These levels define a range for CSB Bank Limited where the price may move, with 372.65 offering a base and 392.2 limiting upward momentum. Support/Resistance for CSBBANK
Aroon: Aroon's bearish trend continues, with Aroon Down staying at the 100 level. This persistent downward pressure suggests further declines, but further analysis with other indicators is needed to confirm the trend's potential impact for CSB Bank Limited. Aroon chart for CSB Bank Limited
Bol. Bands: The price has recently crossed below the lower Bollinger Band, suggesting the market may be in an oversold condition. This move reflects strong selling pressure that has pushed prices below a key level. While this breach could indicate a continuation of the current downtrend for CSB Bank Limited, it might also serve as a signal for a potential reversal if the market finds support at these lower levels. Bolinger Bands chart for CSB Bank Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for CSB Bank 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 CSB Bank 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 CSB Bank Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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