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Technicals for JBM Auto Limited
By MusingTheNews
2025-04-25 20:40
Overall Technical outlook
Price Summary
JBMA's shares experienced a significant -2.74% collapse, indicating a poor market performance. 2025-04-25, saw JBMA's stock open at 694.0, hit a peak of 698.0, fall to a low of 659.05, and close lower -2.74% at 675.0, with 699514 shares changing hands. The stock's highest value over the last 52 weeks is 2286.7, and the lowest value is 493.15.
Technicals
Support and Resistance: At 675.0, the price is supported by 662.05 and resisted by 709.33. This indicates that the price for JBM Auto Limited might fluctuate between these levels, with 662.05 acting as a support and 709.33 limiting further upward movement. Support/Resistance for JBMA
Aroon: The current state of the AROON is neutral for JBMA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for JBM Auto 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 JBM Auto Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for JBMA. Parabolic Stop and Reverse chart for JBM Auto Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move might be beginning. This pattern indicates that the market may be losing upward momentum, possibly leading to a reversal. Investors should remain cautious and look for additional bearish confirmation. Stochastic chart for JBM Auto Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for JBM Auto Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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