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Technicals for Laxmi Organic Industries Limited
By MusingTheNews
2025-04-25 20:44
Overall Technical outlook
Price Summary
2025-04-25, saw LXCHEM's stock open at 184.49, hit a peak of 187.16, fall to a low of 177.75, and close higher 0.21% at 184.87, with 1765090 shares changing hands. The stock's highest value over the last 52 weeks is 318.85, and the lowest value is 165.92. Based on recommendations from 4 analysts, the future price of LXCHEM is expected to range from 160.0 to 249.0, with an average price expectation around 219.0.
Technicals
Support and Resistance: The current price of 184.87 for LXCHEM is supported at 170.25 and faces resistance at 190.63. These levels indicate that 170.25 could act as a floor, while 190.63 might limit any further price increases. Support/Resistance for LXCHEM
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Laxmi Organic Industries Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for LXCHEM, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Laxmi Organic Industries Limited
Parabolic SAR: The PSAR for LXCHEM maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Laxmi Organic Industries Limited
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth. Stochastic chart for Laxmi Organic Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for LXCHEM, with no strong trend emerging. Tripple SMA chart for Laxmi Organic Industries Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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