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Technicals for PCBL Chemical Limited
By MusingTheNews
2025-10-17 20:50
Overall Technical outlook
Price Summary
The stock of PCBL Chemical Limited experienced a -5.24% crash, showcasing a awful market performance. PCBL Chemical Limited's stock started the year at 382.0, climbed to a high of 382.5, fell to 355.75, and closed -5.24% down at 362.0, with 2477967 shares traded on 2025-10-17. The highest price the stock achieved in the past 52 weeks is 489.45, while the lowest price it saw is 351.65. 10 analysts forecast that the price of PCBL will range from 394.0 to 600.0, with an average expected price near 465.9.
Technicals
Support and Resistance: At 362.0, the price is supported at 360.85 and faces resistance at 373.8. This range suggests that the price for PCBL might stay between these levels, with 360.85 acting as a floor and 373.8 as a ceiling. Support/Resistance for PCBL
Aroon: AROON is showing a strong bearish trend for PCBL Chemical Limited, with Aroon Down rising and the Aroon Oscillator staying low. This combination suggests that the downward trend is likely to continue, signaling ongoing bearish momentum. The steady low level of the Aroon Oscillator indicates further weakness in the market. Aroon chart for PCBL Chemical Limited
Bol. Bands: The current price has made a sharp bearish move by crossing below the lower Bollinger Band, dropping from above the middle band. This significant decline, which spans two bands in one go, indicates strong selling pressure and a possible continuation of the bearish trend. However, the rapid drop could also suggest an oversold condition for PCBL, where traders might expect a rebound or reversal in the near term. Bolinger Bands chart for PCBL Chemical Limited
Parabolic SAR: The PSAR for PCBL continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for PCBL Chemical Limited
Stochastic: The current state of the STOCHASTIC is neutral for PCBL, 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. Stochastic chart for PCBL Chemical Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. Tripple SMA chart for PCBL Chemical Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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