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Technicals for PI Industries Limited
By MusingTheNews
2025-04-25 20:49
Overall Technical outlook
Price Summary
PI Industries Limited's stock dived -2.35% today, reflecting an mediocrending market day. PI Industries Limited's stock opened at 3670.0 on 2025-04-25, surged to a high of 3692.4, hit a low of 3520.0, and closed up -2.35% at 3583.9, with 110817 shares traded. During the past 52 weeks, the highest stock price was 4731.35, and the lowest was 2987.1. Analysts predict that the future price will fluctuate between 2800.0 and 5700.0, with the mean expected price being approximately 4086.32.
Technicals
Support and Resistance: The price for PIIND at 3583.9 finds support at 3400.3 and resistance at 3668.4. This suggests a trading range, where 3400.3 serves as a support level and 3668.4 acts as a resistance point, potentially capping further gains. Support/Resistance for PIIND
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for PI Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for PI Industries Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for PI Industries Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator, even as it remains above 80, signaling the potential start of a bearish price move. This setup suggests that the market may be entering a period of weakening momentum, possibly leading to a decline. Investors should monitor the situation for additional bearish signals. Stochastic chart for PI Industries Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for PIIND, 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. Tripple SMA chart for PI Industries Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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