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Technicals for Honasa Consumer Limited
By MusingTheNews
2025-08-15 20:37
Overall Technical outlook
Price Summary
Honasa Consumer Limited's stock opened at 285.15 on 2025-08-14, surged to a high of 288.65, hit a low of 277.0, and closed up -1.98% at 279.5, with 1185711 shares traded. In the past year, the highest stock price was 541.75, and the lowest was 200.89. The price projection is between 197.0 and 400.0, with an average expected price around 288.6154, according to 13 analysts.
Technicals
Support and Resistance: The current price is 279.5, with support at 265.65 and resistance at 289.4. This range suggests that the price might move between these levels, with 265.65 offering support and 289.4 capping further gains for Honasa Consumer Limited. Support/Resistance for HONASA
Aroon: The current reading of the AROON is neutral for HONASA, 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. Aroon chart for Honasa Consumer Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for HONASA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Honasa Consumer Limited
Parabolic SAR: The PSAR for HONASA maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Honasa Consumer Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Honasa Consumer Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Honasa Consumer Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Honasa Consumer 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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