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Technicals for Housing and Urban Development Corporation Limited
By MusingTheNews
2025-04-25 20:38
Overall Technical outlook
Price Summary
The stock of Housing and Urban Development Corporation Limited experienced a -4.43% slide, showcasing a unimpressive market performance. Housing and Urban Development Corporation Limited's stock started trading at 230.44 on 2025-04-25, climbed to 231.7, fell to 219.0, and closed -4.43% down at 220.24, with 7560555 shares traded. Over the past year, the stock's highest price was 342.2, and its lowest was 165.14.
Technicals
Support and Resistance: The price of 220.24 is supported at 216.59 and encounters resistance at 227.4. This suggests key levels where the price might find stability, with 216.59 providing a base and 227.4 acting as an upper boundary for HUDCO. Support/Resistance for HUDCO
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for HUDCO, with no strong trend emerging. Aroon chart for Housing and Urban Development Corporation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for HUDCO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Housing and Urban Development Corporation Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for HUDCO. Parabolic Stop and Reverse chart for Housing and Urban Development Corporation Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Housing and Urban Development Corporation Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Housing and Urban Development Corporation Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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