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Technicals for Honeywell Automation India Limited
By MusingTheNews
2025-04-25 20:37
Overall Technical outlook
Price Summary
On 2025-04-25, Honeywell Automation India Limited's stock opened at 34600.0, peaked at 34770.0, hit a low of 33405.0, and closed -0.3% down at 34495.0, with 5910 shares changing hands. In the past year, the highest stock price was 58628.1, and the lowest was 32649.8. The price outlook for HONAUT is between 36675.0 and 60800.0, with an average expectation of 45741.0, as estimated by 7 analysts.
Technicals
Support and Resistance: At 34495.0, the price is supported by 33389.55 and resisted by 39024.3. This indicates that the price for Honeywell Automation India Limited might fluctuate between these levels, with 33389.55 acting as a support and 39024.3 limiting further upward movement. Support/Resistance for HONAUT
Aroon: The current state of the AROON is neutral for HONAUT, 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. Aroon chart for Honeywell Automation India Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for HONAUT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Honeywell Automation India Limited
Parabolic SAR: The PSAR for HONAUT continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Honeywell Automation India Limited
Stochastic: The stochastic indicator shows a bullish sentiment, with the K-line above both the D-line and the 80 level. This configuration indicates strong upward momentum, suggesting that HONAUT may continue its upward trend. Traders might view this as a sign of sustained strength. Stochastic chart for Honeywell Automation India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Honeywell Automation India Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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