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Technicals for Jio Financial Services Limited
By MusingTheNews
2025-04-25 20:41
Overall Technical outlook
Price Summary
Jio Financial Services Limited had a unimpressive day at the stock market, and its shares declined -2.21%. On 2025-04-25, Jio Financial Services Limited's stock opened at 258.78, reached 261.62, hit a low of 249.1, and rose -2.21% to close at 253.05, with 33335143 shares traded. The stock's peak price over the last 52 weeks is 381.75, with the lowest being 200.92.
Technicals
Support and Resistance: The price currently sits at 253.05, finding support at 249.82 and resistance at 272.85. These levels define a range for Jio Financial Services Limited where the price may move, with 249.82 offering a base and 272.85 limiting upward momentum. Support/Resistance for JIOFIN
Aroon: The bullish trend in Aroon remains, with Aroon Up consistently at the 100 level. This points to sustained upward momentum, but the trend should be explored further alongside other indicators to better understand its implications. Aroon chart for Jio Financial Services Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Jio Financial Services Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Jio Financial Services Limited
Stochastic: The stochastic indicator for Jio Financial Services Limited shows the K-line below the D-line but still above 80, hinting at the possible onset of a bearish price move. This could indicate that the market's recent strength is waning, with a potential downturn on the horizon. Traders should keep an eye on this development for further signs of weakness. Stochastic chart for Jio Financial Services Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Jio Financial Services Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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