Overall Technical outlook

Price Summary

FINCABLES's shares experienced a significant -2.03% fall, indicating a lousy market performance.
On 2025-08-14, Finolex Cables Limited's stock opened at 829.15, reached 833.6, hit a low of 810.0, and rose -2.03% to close at 812.3, with 345587 shares traded.
During the past 52 weeks, the highest stock price was 1526.65, and the lowest was 785.15.
As per recommendations from 7 analysts, FINCABLES's future price is expected to span between 1150.0 and 1293.0, with a mean price around 1215.2858.

Technicals

Support and Resistance: At 812.3, the price is supported by 785.15 and resisted by 839.0. This indicates that the price for Finolex Cables Limited might fluctuate between these levels, with 785.15 acting as a support and 839.0 limiting further upward movement.
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Support/Resistance for FINCABLES


Aroon: The continuation of Aroon's bearish trend, with Aroon Down at the 100 level, indicates sustained bearish pressure. However, this trend should be analyzed further alongside other indicators to better understand its long-term implications.
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Aroon chart for Finolex Cables Limited


Bol. Bands: The current price for Finolex Cables Limited has crossed under the lower Bollinger Band, indicating potential oversold conditions. This move suggests that selling pressure has increased, pushing prices below what is typically considered a lower limit. The breach could either signal a continuation of the downtrend or a reversal if the market begins to recover from these levels, making it a critical point to monitor for traders.
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Bolinger Bands chart for Finolex Cables Limited


Parabolic SAR: The PSAR for FINCABLES 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.
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Parabolic Stop and Reverse chart for Finolex Cables Limited


Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Finolex Cables Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely.
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Stochastic chart for Finolex Cables Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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.
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Tripple SMA chart for Finolex Cables Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.