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Technicals for PI Industries Limited
By MusingTheNews
2025-12-15 20:51
Overall Technical outlook
Price Summary
On 2025-12-10, PI Industries Limited's stock opened at 3326.4, spiked to 3412.0, declined to 3326.4, and closed 0.63% higher at 3347.4, with 104537 shares traded. The top price for the stock in the last 52 weeks is 4324.2, with the bottom price being 2987.1. According to 26 analysts, the price of PIIND in the future is projected to be between 2800.0 and 6500.0, with an average expected price of 3922.8076.
Technicals
Support and Resistance: The price for PIIND is 3347.4, with support at 3374.0 and resistance at 3374.0. This suggests a range where 3374.0 acts as a base, preventing declines, and 3374.0 caps gains, defining key trading levels. Support/Resistance for PIIND
Aroon: The current state of the AROON is neutral for PIIND, 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 PI Industries Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for PI Industries Limited
Parabolic SAR: The PSAR has shifted from bearish to bullish in its latest move, hinting at a possible trend reversal. If this change is corroborated by other indicators, it could represent a significant bullish signal. Traders should watch for additional confirmation to assess the strength of this potential upward trend for PI Industries Limited. Parabolic Stop and Reverse chart for PI Industries Limited
Stochastic: The current state of the STOCHASTIC is neutral for PIIND, 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 PI Industries Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, but the slopes of the faster averages indicate that this strength may be weakening. The potential for a reversal is becoming apparent, as the shorter-term averages show signs of fading momentum, suggesting that a trend change could be imminent. Tripple SMA chart for PI Industries Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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