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Technicals for ICICI Lombard General Insurance Company Limited
By MusingTheNews
2025-10-17 20:38
Overall Technical outlook
Price Summary
On 2025-10-17, ICICI Lombard General Insurance Company Limited's stock started at 1996.5, soared to 2017.5, dropped to 1991.6, and finished the day 0.23% higher at 2001.0, with a trading volume of 355743 shares. The stock's highest price over the 52-week span is 2063.6, while the lowest price is 1639.7. Future price predictions suggest a range between 1450.0 and 2400.0, with an average expected price of 2132.4614, as per 26 analysts.
Technicals
Support and Resistance: The current price of 2001.0 for ICICIGI is supported at 1970.8 and faces resistance at 2021.4. These levels indicate that 1970.8 could act as a floor, while 2021.4 might limit any further price increases. Support/Resistance for ICICIGI
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for ICICI Lombard General Insurance Company Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for ICICI Lombard General Insurance Company Limited
Parabolic SAR: The PSAR for ICICIGI maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for ICICI Lombard General Insurance Company Limited
Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for ICICIGI. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth. Stochastic chart for ICICI Lombard General Insurance Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for ICICI Lombard General Insurance Company Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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