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Technicals for Cummins India Limited
By MusingTheNews
2026-02-02 20:31
Overall Technical outlook
Price Summary
On 2026-02-02, Cummins India Limited's stock began at 4020.0, peaked at 4102.1, bottomed at 3975.2, and closed 1.8% higher at 4092.3, with a volume of 498537 shares. For the 52-week period, the stock's highest price is 4600.2, and the lowest price is 2690.3. 24 analysts predict that the future price of CUMMINSIND will be in the range of 2814.0 to 5370.0, with a mean expected price of about 4443.3335.
Technicals
Support and Resistance: The price for CUMMINSIND is 4092.3, with support at 4021.3 and resistance at 4261.3. This suggests a range where 4021.3 acts as a base, preventing declines, and 4261.3 caps gains, defining key trading levels. Support/Resistance for CUMMINSIND
Aroon: The AROON 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. Aroon chart for Cummins India Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Cummins India Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Cummins India Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Cummins India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for CUMMINSIND, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Cummins India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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