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Technicals for Jupiter Wagons Limited
By MusingTheNews
2025-06-13 20:42
Overall Technical outlook
Price Summary
On 2025-06-13, Jupiter Wagons Limited's stock began at 385.0, peaked at 394.8, declined to 384.5, and ended the day 1.4% up at 390.4, with 1728812 shares traded. The top price for the stock in the last 52 weeks is 730.0, with the bottom price being 283.9.
Technicals
Support and Resistance: The price sits at 390.4, supported by 355.8 and resisted by 398.8. This indicates a trading range where 355.8 provides a floor, preventing declines, and 398.8 acts as a ceiling, limiting further price increases for JWL. Support/Resistance for JWL
Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Jupiter Wagons Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, after previously being positioned below it. This shift suggests that the market may be bouncing back from oversold conditions, potentially signaling a weakening of the bearish trend. The crossover could indicate the beginning of a recovery or a change in momentum, with the market possibly entering a more bullish phase. Bolinger Bands chart for Jupiter Wagons Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Jupiter Wagons Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Jupiter Wagons Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages reflect a bearish trend, with downward momentum. Despite this, the slower SMAs are showing signs of losing steam, suggesting a potential shift. This weakening in the bearish trend could indicate that the market is preparing for a bullish pivot, as the current downward pressure begins to falter, possibly leading to a reversal soon. Tripple SMA chart for Jupiter Wagons Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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