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Technicals for E.I.D.- Parry (India) Limited
By MusingTheNews
2026-02-02 20:32
Overall Technical outlook
Price Summary
On 2026-02-02, EIDPARRY's stock began at 877.0, peaked at 899.0, dipped to 870.25, and closed up 1.62% at 891.2, with a volume of 90738 shares. In the last 52 weeks, the stock's top price was 1236.2 and the bottom price was 659.95.
Technicals
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for E.I.D.- Parry (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 E.I.D.- Parry (India) Limited
Parabolic SAR: The PSAR continues to be bullish for EIDPARRY, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for E.I.D.- Parry (India) Limited
Stochastic: The current reading of the STOCHASTIC is neutral for EIDPARRY, 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. Stochastic chart for E.I.D.- Parry (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 hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for E.I.D.- Parry (India) Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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