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Technicals for PI Industries Limited
By MusingTheNews
2025-08-15 20:49
Overall Technical outlook
Price Summary
The stock of PI Industries Limited experienced a -2.19% decrease, showcasing a awful market performance. PI Industries Limited's stock began trading at 3772.7 on 2025-08-14, soared to 3844.9, dipped to 3664.1, and finished the day -2.19% lower at 3690.2, with 660953 shares exchanged. The highest price the stock achieved in the past 52 weeks is 4731.35, while the lowest price it saw is 2987.1. The price outlook for PIIND is between 2800.0 and 6600.0, with an average expectation of 4107.44, as estimated by 25 analysts.
Technicals
Support and Resistance: At 3690.2, the price for PIIND is supported at 3583.9 and resisted at 3699.5. This indicates a trading range where 3583.9 serves as a support level, potentially preventing further decline, while 3699.5 could limit upward movement. Support/Resistance for PIIND
Aroon: The continuation of Aroon's bearish trend for PIIND, with Aroon Down still at the 100 level, signals ongoing weakness. To fully assess this trend, it should be explored further in conjunction with other indicators. Aroon chart for PI Industries Limited
Bol. Bands: The current price has dipped below the lower Bollinger Band for PIIND, suggesting the market might be oversold. This downward breach signals increased selling pressure, which could indicate that the bearish trend will persist. However, the drop below the lower band could also be a precursor to a reversal, as such levels often attract buyers looking to capitalize on potential price rebounds. Bolinger Bands chart for PI Industries Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for PI Industries Limited
Stochastic: The Stochastic K-line's drop below the D-line and under 20 points to a mildly bearish market condition for PIIND. While this indicates some bearish sentiment, it's not a strong signal. Investors should be aware of this potential shift and look for additional confirmation before making decisions. Stochastic chart for PI Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for PI Industries Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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