Overall Technical outlook

Price Summary

Indian Energy Exchange Limited's stock tumbled -2.2% today, marking a awful performance in the market.
On 2025-04-25, IEX's stock began at 194.79, peaked at 201.35, dipped to 189.46, and closed up -2.2% at 190.5, with a volume of 63442282 shares.
Over the previous 52 weeks, the stock reached a high of 239.37 and a low of 142.8.
The anticipated price is forecasted to be between 150.0 and 285.0, with an average price expectation of 208.9, based on input from 10 analysts.

Technicals

Support and Resistance: At 190.5, the price is held up by support at 190.28 and faces resistance at 190.28 for IEX. This suggests a trading range where 190.28 provides a base and 190.28 limits upward movement.
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Support/Resistance for IEX


Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for IEX. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential.
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Aroon chart for Indian Energy Exchange Limited


Bol. Bands: The price dipping under the upper Bollinger Band could signal an upcoming decline. This technical indicator suggests that the asset is overbought and may be poised for a correction. Traders might interpret this as a potential reversal, where the bullish momentum is slowing down, making it a key moment for evaluating trading strategies.
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Bolinger Bands chart for Indian Energy Exchange Limited


Parabolic SAR: The PSAR for IEX continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
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Parabolic Stop and Reverse chart for Indian Energy Exchange Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn.
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Stochastic chart for Indian Energy Exchange 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.
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Tripple SMA chart for Indian Energy Exchange Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.