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Technicals for KNR Constructions Limited
By MusingTheNews
2025-04-25 20:42
Overall Technical outlook
Price Summary
With a -4.53% fall, KNR Constructions Limited enjoyed a unimpressive day in the stock market. On 2025-04-25, KNR Constructions Limited's shares started at 242.23, peaked at 243.09, bottomed out at 229.1, and ended -4.53% lower at 231.26, with 1500713 shares traded. The stock's highest price over the 52-week span is 409.6, while the lowest price is 206.22. The projected price range for KNR Constructions Limited is between 181.0 and 390.0, with an expected mean price of 287.44443, according to 18 analysts.
Technicals
Support and Resistance: The price is currently at 231.26, supported by 215.47 and resisted by 238.69. This indicates a range where 215.47 may provide a base for the price, while 238.69 serves as a cap on further upward movement for KNRCON. Support/Resistance for KNRCON
Aroon: The AROON 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. Aroon chart for KNR Constructions Limited
Bol. Bands: The price moving below the upper Bollinger Band could be a precursor to a decline. This signal might suggest that the asset is overbought and that a correction is on the horizon. Traders often use this indicator to anticipate potential reversals, as it signals a weakening of bullish momentum, making it a critical point for decision-making in trading strategies. Bolinger Bands chart for KNR Constructions Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for KNRCON. Parabolic Stop and Reverse chart for KNR Constructions 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 KNR Constructions Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for KNRCON, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent. Tripple SMA chart for KNR Constructions 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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