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Technicals for Garden Reach Shipbuilders & Engineers Limited
By MusingTheNews
2025-04-25 20:34
Overall Technical outlook
Price Summary
The stock of Garden Reach Shipbuilders & Engineers Limited experienced a -6.66% fall, showcasing a unimpressive market performance. Garden Reach Shipbuilders & Engineers Limited's stock started trading at 1732.1 on 2025-04-25, climbed to 1739.0, fell to 1597.8, and closed -6.66% down at 1616.8, with 2243959 shares traded. The peak price for the stock in the past 52 weeks is 2710.65, with the lowest price being 900.65.
Technicals
Support and Resistance: The price of 1616.8 is supported at 1521.6 and capped by resistance at 1720.3. These levels mark key points for Garden Reach Shipbuilders & Engineers Limited where the price could find stability, with 1521.6 as a floor and 1720.3 as a ceiling. Support/Resistance for GRSE
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 Garden Reach Shipbuilders & Engineers 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 Garden Reach Shipbuilders & Engineers Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Garden Reach Shipbuilders & Engineers Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Garden Reach Shipbuilders & Engineers Limited
Stochastic: The current state of the STOCHASTIC is neutral for GRSE, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Garden Reach Shipbuilders & Engineers Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Garden Reach Shipbuilders & Engineers Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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