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Technicals for The Phoenix Mills Limited
By MusingTheNews
2025-04-25 20:49
Overall Technical outlook
Price Summary
PHOENIXLTD's shares experienced a significant -2.91% tumble, indicating a unimpressive market performance. The Phoenix Mills Limited's stock began trading at 1677.9 on 2025-04-25, soared to 1715.8, dipped to 1620.0, and finished the day -2.91% down at 1629.0, with 840139 shares exchanged. Throughout the 52-week period, the stock hit a high of 2047.65 and a low of 1397.95. The future price of PHOENIXLTD is projected to range from 1423.0 to 2000.0, with an average expected price of 1747.1177, according to 17 analysts.
Technicals
Support and Resistance: The price of 1629.0 is supported at 1591.05 and capped by resistance at 1717.75. These levels mark key points for The Phoenix Mills Limited where the price could find stability, with 1591.05 as a floor and 1717.75 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 BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for The Phoenix Mills Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for The Phoenix Mills Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for The Phoenix Mills 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 The Phoenix Mills Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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