Overall Technical outlook

Price Summary

In today's trading, Garden Reach Shipbuilders & Engineers Limited's stock sank by -4.05%, showcasing an lacklustre market day.
Garden Reach Shipbuilders & Engineers Limited's stock started the year at 3104.0, climbed to a high of 3161.0, fell to 2965.7, and closed -4.05% down at 2978.3, with 2220914 shares traded on 2025-06-12.
Over the course of 52 weeks, the stock peaked at 3405.5 and hit a low of 1214.35.
The price outlook for GRSE is between 515.0 and 3500.0, with an average expectation of 2341.3333, as estimated by 3 analysts.

Technicals

Support and Resistance: The current price for GRSE is 2978.3, supported at 2482.9 with resistance at 3090.0. This indicates a trading range where 2482.9 might prevent further declines, while 3090.0 could hinder additional gains.
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Support/Resistance for GRSE


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Garden Reach Shipbuilders & Engineers 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.
GRSE bbands 58e1d3
Bolinger Bands chart for Garden Reach Shipbuilders & Engineers Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for GRSE.
GRSE psar 58e1d3
Parabolic Stop and Reverse chart for Garden Reach Shipbuilders & Engineers Limited


Stochastic: The STOCHASTIC 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.
GRSE stoch 58e1d3
Stochastic chart for Garden Reach Shipbuilders & Engineers Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory.
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Tripple SMA chart for Garden Reach Shipbuilders & Engineers Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.