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Technicals for Ircon International Limited
By MusingTheNews
2026-02-03 20:40
Overall Technical outlook
Price Summary
On 2026-02-02, Ircon International Limited's stock opened at 155.0, reached 156.3, hit a low of 148.34, and rose -0.2% to close at 154.69, with 4323153 shares traded. Over the course of 52 weeks, the stock peaked at 220.46 and hit a low of 138.17. As per recommendations from 3 analysts, IRCON's future price is expected to span between 141.0 and 159.0, with a mean price around 147.0.
Technicals
Support and Resistance: The price for IRCON at 154.69 is supported by the 150.01 level and faces resistance at 160.32. This range indicates key levels where the price may find buyers near 150.01 and sellers near 160.32, defining a trading range. Support/Resistance for IRCON
Aroon: Aroon's bearish trend continues, with Aroon Down staying at the 100 level. This persistent downward pressure suggests further declines, but further analysis with other indicators is needed to confirm the trend's potential impact for Ircon International Limited. Aroon chart for Ircon International 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 Ircon International Limited
Parabolic SAR: The PSAR for IRCON has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions. Parabolic Stop and Reverse chart for Ircon International Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for IRCON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Ircon International Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Ircon International Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Ircon International Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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