Overall Technical outlook

Price Summary

On 2025-06-12, Finolex Cables Limited's stock opened at 992.8, spiked to 1000.0, declined to 970.0, and closed -1.65% down at 976.45, with 209863 shares traded.
Over the past 52 weeks, the stock reached a maximum price of 1666.5 and a minimum price of 785.15.
As per recommendations from 8 analysts, FINCABLES's future price is expected to span between 1135.0 and 1577.0, with a mean price around 1326.875.

Technicals

Support and Resistance: At 976.45, the price for FINCABLES is supported at 928.6 and resisted at 990.45. This indicates a trading range where 928.6 serves as a support level, potentially preventing further decline, while 990.45 could limit upward movement.
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Support/Resistance for FINCABLES


Aroon: The current state of the AROON is neutral for FINCABLES, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Finolex Cables Limited


Bol. Bands: The current reading of the BOLL BANDS 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.
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Bolinger Bands chart for Finolex Cables Limited


Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for FINCABLES. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher.
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Parabolic Stop and Reverse chart for Finolex Cables Limited


Stochastic: The current state of the STOCHASTIC is neutral for FINCABLES, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Stochastic chart for Finolex Cables Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages points to a bearish trend, signaling continued downward pressure. Yet, the slower SMAs are starting to lose steam, which may suggest a potential pivot. This weakening of the bearish trend could be an early sign that the market is preparing to shift towards a bullish direction, with a possible reversal on the horizon.
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Tripple SMA chart for Finolex Cables Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.