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Technicals for National Aluminium Company Limited
By MusingTheNews
2025-12-12 20:49
Overall Technical outlook
Price Summary
National Aluminium Company Limited's stock opened at 265.0 on 2025-12-10, surged to 268.1, hit a low of 261.4, and closed up -0.75% at 263.0, with 6797365 shares traded. The stock reached its highest price of 273.15 and lowest price of 143.22 over the last 52 weeks. Based on recommendations from 11 analysts, the future price of NATIONALUM is expected to range from 225.0 to 308.0, with an average price expectation around 269.81818.
Technicals
Support and Resistance: The current price of 263.0 for NATIONALUM is supported at 257.62 and faces resistance at 268.67. These levels indicate that 257.62 could act as a floor, while 268.67 might limit any further price increases. Support/Resistance for NATIONALUM
Aroon: The current reading of the AROON 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. Aroon chart for National Aluminium Company Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for National Aluminium Company Limited
Parabolic SAR: The PSAR for NATIONALUM maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for National Aluminium Company Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for National Aluminium Company Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action. Tripple SMA chart for National Aluminium Company Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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