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Technicals for PI Industries Limited
By MusingTheNews
2025-06-13 20:49
Overall Technical outlook
Price Summary
PIIND's shares experienced a significant 3.18% jump, indicating a robust market performance. On 2025-06-13, PI Industries Limited's stock started at 3850.0, soared to 3981.8, dropped to 3850.0, and finished the day 3.18% up at 3972.6, with a trading volume of 268674 shares. Over the previous 52 weeks, the stock reached a high of 4731.35 and a low of 2987.1. According to 25 analysts, the future price is anticipated to vary between 2800.0 and 5700.0, with an average expected price of around 4086.32.
Technicals
Support and Resistance: With the current price at 3972.6, support is found at 3970.3 and resistance at 3970.3. These levels indicate where buyers might step in at 3970.3, while sellers could limit gains at 3970.3, defining a trading boundary for PI Industries Limited. Support/Resistance for PIIND
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 PI Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for PI Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for PI Industries Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for PIIND. Parabolic Stop and Reverse chart for PI Industries Limited
Stochastic: The stochastic indicator is in a bullish state, with the K-line crossing above both the D-line and the 80 mark. This alignment suggests strong upward momentum, implying that the market may continue its positive trajectory. Traders may see this as a sign of ongoing strength for PI Industries Limited. Stochastic chart for PI Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for PIIND are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for PI Industries 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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