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Technicals for Ircon International Limited
By MusingTheNews
2025-10-17 20:39
Overall Technical outlook
Price Summary
On 2025-10-17, Ircon International Limited's stock opened at 172.12, reached 172.96, hit a low of 168.13, and rose -1.8% to close at 169.03, with 2939424 shares traded. The stock's highest price in the past 52 weeks is 236.15, while its lowest price during the same period is 138.17. Analysts predict that the future price will fluctuate between 143.0 and 159.0, with the mean expected price being approximately 151.33333.
Technicals
Support and Resistance: The price for IRCON is 169.03, with support at 165.38 and resistance at 175.11. This suggests a range where 165.38 acts as a base, preventing declines, and 175.11 caps gains, defining key trading levels. Support/Resistance for IRCON
Aroon: AROON is currently indicating a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, signaling sustained bearish momentum. The steady low level of the Aroon Oscillator suggests that the market may face further declines. Aroon chart for Ircon International Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Ircon International Limited
Parabolic SAR: The PSAR has recently shifted from bullish to bearish, signaling a potential downward trend. If this move is confirmed by other indicators, it could be a strong bearish signal. Investors should watch for further confirmation before considering this as an indicator of a broader market decline. Parabolic Stop and Reverse chart for Ircon International Limited
Stochastic: The current reading of the STOCHASTIC is neutral for IRCON, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Ircon International Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for IRCON, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. 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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