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Technicals for The Great Eastern Shipping Company Limited
By MusingTheNews
2025-06-13 20:35
Overall Technical outlook
Price Summary
The Great Eastern Shipping Company Limited's stock opened at 966.7 on 2025-06-12, surged to a high of 980.5, hit a low of 961.3, and closed up 0.86% at 975.0, with 625543 shares traded. In the past year, the highest stock price was 1454.05, and the lowest was 810.7.
Technicals
Support and Resistance: The price of 975.0 is supported at 950.7 and capped by resistance at 988.3. These levels mark key points for The Great Eastern Shipping Company Limited where the price could find stability, with 950.7 as a floor and 988.3 as a ceiling. Support/Resistance for GESHIP
Aroon: The AROON 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. Aroon chart for The Great Eastern Shipping Company 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 The Great Eastern Shipping Company Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for The Great Eastern Shipping Company Limited
Stochastic: The STOCHASTIC is currently in a neutral position for The Great Eastern Shipping Company 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. Stochastic chart for The Great Eastern Shipping Company Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for The Great Eastern Shipping Company Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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