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Technicals for Cummins India Limited
By MusingTheNews
2025-06-13 20:30
Overall Technical outlook
Price Summary
On 2025-06-12, Cummins India Limited's stock began at 3386.0, peaked at 3390.0, bottomed at 3312.0, and closed -1.88% lower at 3322.5, with a volume of 385356 shares. The peak price for the stock in the past 52 weeks is 4134.0, with the lowest price being 2690.3. According to 24 analysts, the future price is anticipated to vary between 2348.0 and 4558.0, with an average expected price of around 3485.7083.
Technicals
Support and Resistance: The price of 3322.5 is supported at 2965.1 and faces resistance at 3411.8. This range suggests key levels for CUMMINSIND where the price may stabilize, with 2965.1 acting as a support and 3411.8 as a cap on gains. Support/Resistance for CUMMINSIND
Aroon: The current reading of the AROON is neutral for CUMMINSIND, 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. Aroon chart for Cummins India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Cummins India Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Cummins India Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for CUMMINSIND. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift. Stochastic chart for Cummins India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for CUMMINSIND. Tripple SMA chart for Cummins India 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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