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Technicals for JM Financial Limited
By MusingTheNews
2025-06-13 20:41
Overall Technical outlook
Price Summary
In today's trading, JM Financial Limited's stock spiked by 2.44%, showcasing an impressive market day. On 2025-06-13, JMFINANCIL's stock opened at 140.0, reached a peak of 144.63, dropped to 139.41, and ended 2.44% up at 143.41, with a volume of 5024753 shares. The stock reached its highest price of 161.96 and its lowest price of 82.47 during the 52-week period.
Technicals
Support and Resistance: The current price sits at 143.41, supported at 125.2 and capped by resistance at 155.02. These levels define a range for JMFINANCIL where the price might stabilize, with 125.2 as a floor and 155.02 as a ceiling. Support/Resistance for JMFINANCIL
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 JM Financial Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for JM Financial Limited
Parabolic SAR: The PSAR has just reversed from bullish to bearish for JM Financial Limited, suggesting a possible trend change. If supported by a broader market trend, this could be a very bearish signal. Traders should monitor other indicators for confirmation before taking action based on this reversal. Parabolic Stop and Reverse chart for JM Financial Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for JM Financial Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory. Tripple SMA chart for JM Financial Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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