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Technicals for KNR Constructions Limited
By MusingTheNews
2026-01-30 20:43
Overall Technical outlook
Price Summary
KNR Constructions Limited's stock soared 4.21% today, marking a robust performance in the market. On 2026-01-30, KNRCON's stock opened at 142.15, reached a peak of 149.5, dropped to 139.51, and ended 4.21% up at 148.13, with a volume of 1447415 shares. The stock reached its highest price of 296.75 and lowest price of 134.36 over the last 52 weeks. 16 analysts forecast that the price of KNRCON will range from 129.0 to 340.0, with an average expected price near 196.75.
Technicals
Support and Resistance: The price for KNRCON at 148.13 is supported by the 142.1 level and faces resistance at 148.85. This range indicates key levels where the price may find buyers near 142.1 and sellers near 148.85, defining a trading range. Support/Resistance for KNRCON
Aroon: The AROON indicator reflects a strong bullish trend, with the Aroon Up moving higher and the Aroon Oscillator reversing. This indicates a potential shift to an upward trend, suggesting that the market may be entering a phase of increased bullish activity for KNRCON. Investors might view this as a signal of potential gains, with the market trend turning in favor of buyers. Aroon chart for KNR Constructions 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 KNR Constructions Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for KNR Constructions Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for KNR Constructions Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching. Tripple SMA chart for KNR Constructions Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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