Overall Technical outlook

Price Summary

On 2025-10-17, Finolex Cables Limited's stock opened at 796.65, reached a high of 796.65, dropped to a low of 779.8, and closed lower -1.73% at 782.9, with a trading volume of 205135 shares.
The highest price the stock achieved in the past 52 weeks is 1330.95, while the lowest price it saw is 782.9.
Future price predictions suggest a range between 988.0 and 1250.0, with an average expected price of 1137.625, as per 8 analysts.

Technicals

Support and Resistance: At 782.9, the price is held up by support at 785.65 and faces resistance at 785.65 for FINCABLES. This suggests a trading range where 785.65 provides a base and 785.65 limits upward movement.
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Support/Resistance for FINCABLES


Aroon: The continuation of Aroon's bearish trend for FINCABLES, with Aroon Down still at the 100 level, signals ongoing weakness. To fully assess this trend, it should be explored further in conjunction with other indicators.
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Aroon chart for Finolex Cables 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.
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Bolinger Bands chart for Finolex Cables Limited


Parabolic SAR: The PSAR maintains a bearish outlook for FINCABLES, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.
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Parabolic Stop and Reverse chart for Finolex Cables Limited


Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while remaining below 20, indicating a possible bullish move. This pattern is often viewed as a signal that the market might start to rise from a low point, potentially leading to gains. Investors might see this as a favorable entry opportunity.
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Stochastic chart for Finolex Cables Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching.
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Tripple SMA chart for Finolex Cables Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.