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Technicals for eClerx Services Limited
By MusingTheNews
2025-04-25 21:01
Overall Technical outlook
Price Summary
The stock of ECLERX tumbled -2.78% today, reflecting a poor market performance. On 2025-04-25, eClerx Services Limited's shares started at 2637.0, peaked at 2648.1, bottomed out at 2531.0, and ended -2.78% down at 2563.6, with 29772 shares traded. The highest price the stock achieved in the past 52 weeks is 3834.85, while the lowest price it saw is 2129.15. According to 8 analysts, the future price is anticipated to vary between 2785.0 and 3700.0, with an average expected price of around 3321.25.
Technicals
Support and Resistance: The price sits at 2563.6, supported by 2521.15 and resisted by 2720.55. This indicates a trading range where 2521.15 provides a floor, preventing declines, and 2720.55 acts as a ceiling, limiting further price increases for ECLERX. Support/Resistance for ECLERX
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for eClerx Services Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for eClerx Services Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for eClerx Services Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for ECLERX. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for eClerx Services Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. Tripple SMA chart for eClerx Services Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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