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Technicals for The Great Eastern Shipping Company Limited
By MusingTheNews
2025-04-25 20:35
Overall Technical outlook
Price Summary
The Great Eastern Shipping Company Limited's stock saw a -3.76% drop, showcasing an unimpressive market day. The Great Eastern Shipping Company Limited's stock opened at 921.3 on 2025-04-25, surged to a high of 922.05, hit a low of 873.25, and closed up -3.76% at 886.7, with 377124 shares traded. During the 52-week span, the stock hit a high of 1454.05 and a low of 810.7.
Technicals
Support and Resistance: The current price for GESHIP is 886.7, supported at 821.65 with resistance at 896.7. This indicates a trading range where 821.65 might prevent further declines, while 896.7 could hinder additional gains. Support/Resistance for GESHIP
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for The Great Eastern Shipping Company Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for GESHIP, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for The Great Eastern Shipping Company Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for GESHIP. 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 Tripple MOVING AVG 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. Tripple SMA chart for The Great Eastern Shipping Company Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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