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Technicals for The Phoenix Mills Limited
By MusingTheNews
2025-06-13 20:50
Overall Technical outlook
Price Summary
The Phoenix Mills Limited's stock began trading at 1567.0 on 2025-06-13, soared to 1605.0, dipped to 1567.0, and finished the day 1.84% up at 1595.9, with 305052 shares exchanged. For the 52-week period, the stock's highest price is 2047.65, and the lowest price is 1397.95. PHOENIXLTD's future price is expected to lie between 1423.0 and 2000.0, with an average expectation of 1737.0, as per the recommendations of 17 analysts.
Technicals
Support and Resistance: At 1595.9, the price is supported at 1591.05 and faces resistance at 1658.3. This range suggests that the price for PHOENIXLTD might stay between these levels, with 1591.05 acting as a floor and 1658.3 as a ceiling. Support/Resistance for PHOENIXLTD
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for The Phoenix Mills Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for PHOENIXLTD, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for The Phoenix Mills Limited
Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a possible market decline. If this reversal is confirmed by other trends, it could be a very bearish signal. Investors should consider this shift carefully and seek further confirmation before taking action for The Phoenix Mills Limited. Parabolic Stop and Reverse chart for The Phoenix Mills Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for The Phoenix Mills Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for PHOENIXLTD. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for The Phoenix Mills Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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