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Technicals for Garden Reach Shipbuilders & Engineers Limited
By MusingTheNews
2025-08-13 20:35
Overall Technical outlook
Price Summary
Garden Reach Shipbuilders & Engineers Limited's shares jumped 4.46% today, reflecting a stellar day on the market. Garden Reach Shipbuilders & Engineers Limited's stock, on 2025-08-13 opened at 2526.5, climbed to a high of 2649.9, dropped to a low of 2505.0, and closed up 4.46% at 2639.1, with 1041152 shares traded. The stock's peak price over the last 52 weeks is 3492.7, with the lowest being 1214.35. The price projection is between 515.0 and 3500.0, with an average expected price around 2341.3333, according to 3 analysts.
Technicals
Support and Resistance: The current price of 2639.1 for GRSE finds support at 2617.9 and resistance at 2833.9. These levels define a range in which the price might oscillate, with 2617.9 as a potential support and 2833.9 as a resistance level. Support/Resistance for GRSE
Aroon: The AROON is in a neutral stance for GRSE, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Garden Reach Shipbuilders & Engineers Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Garden Reach Shipbuilders & Engineers Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for GRSE. Parabolic Stop and Reverse chart for Garden Reach Shipbuilders & Engineers Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Garden Reach Shipbuilders & Engineers Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for GRSE, 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 Garden Reach Shipbuilders & Engineers Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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