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Technicals for Grindwell Norton Limited
By MusingTheNews
2025-04-25 20:35
Overall Technical outlook
Price Summary
GRINDWELL's shares experienced a significant -2.05% crash, indicating a poor market performance. On 2025-04-25, GRINDWELL's stock started at 1715.0, reached a high of 1722.2, fell to 1662.6, and ended -2.05% lower at 1679.9, with 14743 shares traded. Over the course of 52 weeks, the stock peaked at 2950.95 and hit a low of 1406.05. The price outlook for GRINDWELL is between 1695.0 and 2130.0, with an average expectation of 1897.75, as estimated by 4 analysts.
Technicals
Support and Resistance: At 1679.9, the price is supported at 1624.35 and faces resistance at 1694.6. This range suggests that the price for GRINDWELL might stay between these levels, with 1624.35 acting as a floor and 1694.6 as a ceiling. Support/Resistance for GRINDWELL
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Grindwell Norton Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for GRINDWELL, 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 Grindwell Norton Limited
Parabolic SAR: The PSAR for GRINDWELL continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Grindwell Norton Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Grindwell Norton Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for GRINDWELL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Grindwell Norton 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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