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Technicals for Honeywell Automation India Limited
By MusingTheNews
2025-12-15 20:38
Overall Technical outlook
Price Summary
On 2025-12-15, Honeywell Automation India Limited's shares started at 33795.0, peaked at 34340.0, bottomed out at 33725.0, and ended 0.8% higher at 34065.0, with 2035 shares traded. For the 52-week period, the stock's highest price is 43082.8, and the lowest price is 32649.8. 5 analysts forecast that the price of HONAUT will range from 32000.0 to 39780.0, with an average expected price near 37297.2.
Technicals
Support and Resistance: At 34065.0, the price is supported by 34135.0 and resisted by 34135.0. This indicates that the price for Honeywell Automation India Limited might fluctuate between these levels, with 34135.0 acting as a support and 34135.0 limiting further upward movement. Support/Resistance for HONAUT
Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Honeywell Automation India Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for HONAUT, 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. Bolinger Bands chart for Honeywell Automation India Limited
Parabolic SAR: The PSAR for HONAUT remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Honeywell Automation India Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while remaining below 20, indicating a possible bullish move. This pattern is often viewed as a signal that the market might start to rise from a low point, potentially leading to gains. Investors might see this as a favorable entry opportunity. Stochastic chart for Honeywell Automation India Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. Tripple SMA chart for Honeywell Automation 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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