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Technicals for Finolex Industries Limited
By MusingTheNews
2025-08-15 20:33
Overall Technical outlook
Price Summary
On 2025-08-14, Finolex Industries Limited's stock began at 189.99, peaked at 192.15, declined to 186.25, and ended the day -1.25% lower at 187.62, with 395756 shares traded. The highest price the stock achieved in the past 52 weeks is 326.05, while the lowest price it saw is 167.49. 15 analysts predict that the future price of FINPIPE will be in the range of 180.0 to 283.0, with a mean expected price of about 232.8.
Technicals
Support and Resistance: The price is currently at 187.62, supported by 173.67 and resisted by 190.2. This indicates a range where 173.67 may provide a base for the price, while 190.2 serves as a cap on further upward movement for FINPIPE. Support/Resistance for FINPIPE
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Finolex Industries 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 Industries Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for FINPIPE. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Finolex Industries Limited
Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation. Stochastic chart for Finolex Industries Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Finolex Industries Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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