An article exploring Oracle’s latest quarterly results that reveal a significant AI...
Technicals for Engineers India Limited
By MusingTheNews
2025-12-12 20:33
Overall Technical outlook
Price Summary
On 2025-12-11, ENGINERSIN's stock opened at 192.5, reached a peak of 194.6, dropped to 191.6, and ended 0.6% higher at 193.65, with a volume of 805976 shares. The stock's highest price in the past 52 weeks is 250.52, while its lowest price during the same period is 146.85. 5 analysts suggest that ENGINERSIN's future price will lie between 205.0 and 285.0, with an average expected price of roughly 242.2.
Technicals
Support and Resistance: The price is currently at 193.65, supported by 190.31 and resisted by 196.44. This indicates a range where 190.31 may provide a base for the price, while 196.44 serves as a cap on further upward movement for ENGINERSIN. Support/Resistance for ENGINERSIN
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 Engineers 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 Engineers India Limited
Parabolic SAR: The PSAR for ENGINERSIN continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Engineers India Limited
Stochastic: The current reading of the STOCHASTIC is neutral for ENGINERSIN, 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 Engineers India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Engineers India Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of the expected December 2025 Federal Reserve rate cut, exploring...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.