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Technicals for Finolex Industries Limited
By MusingTheNews
2025-10-17 20:34
Overall Technical outlook
Price Summary
Finolex Industries Limited's stock started the year at 191.01, climbed to a high of 193.27, fell to 190.25, and closed -0.01% down at 190.99, with 528580 shares traded on 2025-10-17. The stock's highest value over the last 52 weeks is 326.05, and the lowest value is 167.49. The future price of FINPIPE is projected to range from 180.0 to 283.0, with an average expected price of 231.53333, according to 15 analysts.
Technicals
Support and Resistance: The current price of 190.99 for FINPIPE finds support at 189.98 and resistance at 201.78. These levels define a range in which the price might oscillate, with 189.98 as a potential support and 201.78 as a resistance level. Support/Resistance for FINPIPE
Aroon: The AROON is currently in a neutral position for Finolex Industries Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Finolex Industries Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for FINPIPE, 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. Bolinger Bands chart for Finolex Industries Limited
Parabolic SAR: The PSAR for FINPIPE remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Finolex Industries Limited
Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is often anticipated. This setup indicates that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal to position for growth. Stochastic chart for Finolex Industries Limited
Tripple Moving Agerage: The moving averages for FINPIPE for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for Finolex Industries 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.
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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