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Technicals for Home First Finance Company India Limited
By MusingTheNews
2025-06-13 20:37
Overall Technical outlook
Price Summary
Home First Finance Company India Limited's stock saw a -3.38% drop, showcasing an unimpressive market day. Home First Finance Company India Limited's stock began trading at 1276.8 on 2025-06-12, soared to 1279.9, dipped to 1229.7, and finished the day -3.38% down at 1233.6, with 180969 shares exchanged. Over the previous 52 weeks, the stock reached a high of 1340.75 and a low of 885.0. 16 analysts estimate that the future price of HOMEFIRST will fall between 864.0 and 1500.0, with an average price expectation of approximately 1330.5625.
Technicals
Support and Resistance: The price sits at 1233.6, supported by 1153.9 and resisted by 1301.1. This indicates a trading range where 1153.9 provides a floor, preventing declines, and 1301.1 acts as a ceiling, limiting further price increases for HOMEFIRST. Support/Resistance for HOMEFIRST
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Home First Finance Company India Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for HOMEFIRST. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Home First Finance Company India Limited
Parabolic SAR: The PSAR has shifted from bullish to bearish in its latest move, suggesting a potential trend reversal. This change could be a strong bearish signal if supported by other trends. Traders should monitor the situation closely and seek further confirmation before acting. Parabolic Stop and Reverse chart for Home First Finance Company India Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Home First Finance Company India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for Home First Finance Company India Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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