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Technicals for Finolex Cables Limited
By MusingTheNews
2025-04-25 20:33
Overall Technical outlook
Price Summary
The stock of FINCABLES sank -2.29% today, reflecting a awful market performance. Finolex Cables Limited's stock opened at 884.95 on 2025-04-25, surged to a high of 889.3, hit a low of 849.0, and closed up -2.29% at 864.7, with 283803 shares traded. In the last 52 weeks, the stock's top price was 1666.5 and the bottom price was 785.15. Analysts expect the price of FINCABLES to vary between 1135.0 and 1577.0, with an average expected price near 1326.875.
Technicals
Support and Resistance: The price of 864.7 is supported at 839.0 and capped by resistance at 928.6. These levels mark key points for Finolex Cables Limited where the price could find stability, with 839.0 as a floor and 928.6 as a ceiling. Support/Resistance for FINCABLES
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Finolex Cables Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Finolex Cables Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Finolex Cables Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for FINCABLES. Parabolic Stop and Reverse chart for Finolex Cables Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Finolex Cables Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Finolex Cables Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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