Overall Technical outlook

Price Summary

The stock of Finolex Industries Limited experienced a -3.4% slide, showcasing a mediocre market performance.
On 2025-06-12, Finolex Industries Limited's stock opened at 225.1, reached 226.0, hit a low of 216.23, and rose -3.4% to close at 217.45, with 725748 shares traded.
Over the past 52 weeks, the stock reached a maximum price of 334.7 and a minimum price of 167.49.
Based on recommendations from 15 analysts, the future price of FINPIPE is expected to range from 179.0 to 291.0, with an average price expectation around 239.0.

Technicals

Support and Resistance: At 217.45, the price is supported by 207.95 and resisted by 224.74. This indicates that the price for Finolex Industries Limited might fluctuate between these levels, with 207.95 acting as a support and 224.74 limiting further upward movement.
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Support/Resistance for FINPIPE


Aroon: The current reading of the AROON 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.
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Aroon chart for Finolex Industries Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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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.
FINPIPE psar a4513b
Parabolic Stop and Reverse chart for Finolex Industries Limited


Stochastic: The STOCHASTIC is in a neutral stance for FINPIPE, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Finolex Industries Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for FINPIPE, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon.
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Tripple SMA chart for Finolex Industries Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.