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Technicals for The Jammu and Kashmir Bank Limited
By MusingTheNews
2025-04-25 20:41
Overall Technical outlook
Price Summary
In today's trading, The Jammu and Kashmir Bank Limited's stock slid by -5.31%, showcasing an awful market day. 2025-04-25, saw J&KBANK's stock open at 103.09, hit a peak of 104.15, fall to a low of 96.06, and close down -5.31% at 97.62, with 11268938 shares changing hands. The highest price the stock achieved in the past 52 weeks is 139.35, while the lowest price it saw is 88.47.
Technicals
Support and Resistance: At 97.62, the price is supported by 92.46 and resisted by 97.63. This indicates that the price for The Jammu and Kashmir Bank Limited might fluctuate between these levels, with 92.46 acting as a support and 97.63 limiting further upward movement. Support/Resistance for J&KBANK
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for The Jammu and Kashmir Bank Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for The Jammu and Kashmir Bank 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. Bolinger Bands chart for The Jammu and Kashmir Bank Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for J&KBANK. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for The Jammu and Kashmir Bank 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 The Jammu and Kashmir Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for The Jammu and Kashmir Bank 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 The Jammu and Kashmir Bank 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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