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Technicals for Dixon Technologies (India) Limited
By MusingTheNews
2025-06-13 20:31
Overall Technical outlook
Price Summary
2025-06-12, saw DIXON's stock open at 14790.0, hit a peak of 14895.0, fall to a low of 14490.0, and close lower -1.84% at 14518.0, with 182407 shares changing hands. Over the course of 52 weeks, the stock peaked at 18940.15 and hit a low of 10910.15. Analysts predict that the future price will fluctuate between 8696.0 and 21409.0, with the mean expected price being approximately 16456.465.
Technicals
Support and Resistance: The price of 14518.0 is supported at 14051.75 and faces resistance at 14714.5. This range suggests key levels for DIXON where the price may stabilize, with 14051.75 acting as a support and 14714.5 as a cap on gains. Support/Resistance for DIXON
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for DIXON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Dixon Technologies (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Dixon Technologies (India) Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Dixon Technologies (India) 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 Dixon Technologies (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for DIXON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Dixon Technologies (India) Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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