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Technicals for The Jammu and Kashmir Bank Limited
By MusingTheNews
2025-06-13 20:41
Overall Technical outlook
Price Summary
The Jammu and Kashmir Bank Limited's stock opened at 104.51 on 2025-06-13, surged to 105.89, hit a low of 104.0, and closed up 0.28% at 104.8, with 3253130 shares traded. In the last 52 weeks, the stock's top price was 122.4 and the bottom price was 88.47.
Technicals
Support and Resistance: The current price of 104.8 is supported at 100.82, with resistance at 105.12. This suggests that the price for J&KBANK might remain between these levels, where 100.82 acts as a floor and 105.12 as a ceiling in the market. Support/Resistance for J&KBANK
Aroon: The current state of the AROON 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. Aroon chart for The Jammu and Kashmir Bank Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for The Jammu and Kashmir Bank Limited
Parabolic SAR: The PSAR has recently reversed direction from bullish to bearish, indicating a potential trend change. If supported by other market trends, this could be a very bearish signal. Investors should consider this shift carefully and look for further confirmation before acting. Parabolic Stop and Reverse chart for The Jammu and Kashmir Bank Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for The Jammu and Kashmir Bank Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for The Jammu and Kashmir Bank Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for The Jammu and Kashmir Bank Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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