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Technicals for Dixon Technologies (India) Limited
By MusingTheNews
2026-02-02 20:32
Overall Technical outlook
Price Summary
On 2026-02-02, Dixon Technologies (India) Limited's stock began at 10250.0, peaked at 10530.0, bottomed at 10102.0, and closed 0.87% higher at 10339.0, with a volume of 822516 shares. Over the course of 52 weeks, the stock peaked at 18331.0 and hit a low of 10184.0. The future price of DIXON is projected to range from 9085.0 to 20600.0, with an average expected price of 15958.434, according to 30 analysts.
Technicals
Support and Resistance: The price of 10339.0 is supported at 10184.0 and capped by resistance at 11767.0. These levels mark key points for Dixon Technologies (India) Limited where the price could find stability, with 10184.0 as a floor and 11767.0 as a ceiling. Support/Resistance for DIXON
Aroon: The current reading of the AROON 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. Aroon chart for Dixon Technologies (India) Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Dixon Technologies (India) Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for DIXON. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. 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 alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for DIXON. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted. Tripple SMA chart for Dixon Technologies (India) Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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