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Technicals for The Phoenix Mills Limited
By MusingTheNews
2026-01-30 20:50
Overall Technical outlook
Price Summary
On 2026-01-30, The Phoenix Mills Limited's stock opened at 1679.4, reached 1693.6, hit a low of 1656.8, and rose -0.52% to close at 1670.7, with 835124 shares traded. Throughout the 52-week period, the stock hit a high of 1950.8 and a low of 1417.3. According to 18 analysts, the future price is anticipated to vary between 1450.0 and 2307.0, with an average expected price of around 1921.1666.
Technicals
Support and Resistance: The price for PHOENIXLTD at 1670.7 finds support at 1651.8 and resistance at 1746.5. This suggests a trading range, where 1651.8 serves as a support level and 1746.5 acts as a resistance point, potentially capping further gains. Support/Resistance for PHOENIXLTD
Aroon: The current state of the AROON is neutral for PHOENIXLTD, 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. Aroon chart for The Phoenix Mills 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 The Phoenix Mills Limited
Parabolic SAR: The PSAR for PHOENIXLTD remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for The Phoenix Mills Limited
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for The Phoenix Mills Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for The Phoenix Mills Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages indicates a bearish trend, with their slopes further confirming this negative momentum. The consistent decline in these averages suggests that the market is likely to continue its bearish trajectory. This alignment and the reinforcing slopes suggest that the bearish trend is strong and likely to persist, with the market showing no signs of an imminent reversal. Tripple SMA chart for The Phoenix Mills Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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