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Technicals for Housing and Urban Development Corporation Limited
By MusingTheNews
2025-06-13 20:38
Overall Technical outlook
Price Summary
Housing and Urban Development Corporation Limited's stock tumbled -3.8% today, reflecting an mediocrending market day. On 2025-06-12, HUDCO's stock began at 239.46, peaked at 240.1, dipped to 229.34, and closed up -3.8% at 230.35, with a volume of 5477049 shares. The stock's highest value over the last 52 weeks is 342.2, and the lowest value is 165.14.
Technicals
Support and Resistance: The current price is 230.35, with support at 217.4 and resistance at 234.52. This range suggests that the price might move between these levels, with 217.4 offering support and 234.52 capping further gains for Housing and Urban Development Corporation Limited. 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 neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Housing and Urban Development Corporation Limited
Parabolic SAR: The PSAR maintains a bearish outlook for HUDCO, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Housing and Urban Development Corporation Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Housing and Urban Development Corporation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action. Tripple SMA chart for Housing and Urban Development Corporation Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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