The Alaska Summit on August 15, 2025, is anticipated to significantly influence...
Technicals for Laxmi Organic Industries Limited
By MusingTheNews
2025-08-15 20:44
Overall Technical outlook
Price Summary
On 2025-08-14, Laxmi Organic Industries Limited's stock began at 184.0, peaked at 185.53, declined to 182.5, and ended the day -0.55% down at 182.98, with 146492 shares traded. The stock reached its highest price of 318.85 and its lowest price of 165.92 during the 52-week period. Analysts expect the price of LXCHEM to vary between 179.0 and 247.0, with an average expected price near 204.25.
Technicals
Support and Resistance: The price for LXCHEM at 182.98 finds support at 170.25 and resistance at 183.97. This suggests a trading range, where 170.25 serves as a support level and 183.97 acts as a resistance point, potentially capping further gains. Support/Resistance for LXCHEM
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Laxmi Organic Industries Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Laxmi Organic Industries Limited
Parabolic SAR: The PSAR remains bearish for Laxmi Organic Industries Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Laxmi Organic Industries Limited
Stochastic: The Stochastic K-line for LXCHEM is now below the D-line and under 20, reflecting a mildly bearish signal. This suggests that the market could see some downside pressure, but the bearish sentiment is not yet dominant. Traders should be aware of this and monitor the situation closely. Stochastic chart for Laxmi Organic Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Laxmi Organic Industries Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses how AI technologies are leveraging digital footprints to provide...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.