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Technicals for IRB Infrastructure Developers Limited
By MusingTheNews
2025-06-13 20:38
Overall Technical outlook
Price Summary
IRB Infrastructure Developers Limited's stock spiked 2.12% today, reflecting an phenomenalnding market day. On 2025-06-13, IRB's stock opened at 49.05, reached a peak of 50.23, dropped to 48.62, and ended 2.12% up at 50.09, with a volume of 12855355 shares. In the last 52 weeks, the stock's top price was 70.98 and the bottom price was 42.57. As per recommendations from 5 analysts, IRB's future price is expected to span between 50.0 and 68.0, with a mean price around 59.6.
Technicals
Support and Resistance: The price for IRB at 50.09 is supported by the 49.82 level and faces resistance at 52.98. This range indicates key levels where the price may find buyers near 49.82 and sellers near 52.98, defining a trading range. Support/Resistance for IRB
Aroon: Aroon's bearish trend persists for IRB, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with additional indicators is necessary to fully assess the trend's future trajectory. Aroon chart for IRB Infrastructure Developers Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, after previously remaining below it. This upward crossover suggests that the market may be starting to recover from oversold conditions. The movement above the lower band indicates that the bearish pressure might be easing, potentially leading to a reversal or stabilization in the price action for IRB. Bolinger Bands chart for IRB Infrastructure Developers Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for IRB Infrastructure Developers Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for IRB Infrastructure Developers Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for IRB Infrastructure Developers 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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