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Technicals for Punjab National Bank
By MusingTheNews
2025-04-25 20:50
Overall Technical outlook
Price Summary
Punjab National Bank's stock slid -3.97% today, marking a mediocre performance in the market. On 2025-04-25, Punjab National Bank's stock opened at 103.39, reached 103.39, hit a low of 98.53, and rose -3.97% to close at 99.29, with 31636579 shares traded. The stock's highest value over the last 52 weeks is 141.05, and the lowest value is 86.9. Future price predictions suggest a range between 80.0 and 140.0, with an average expected price of 109.4375, as per 16 analysts.
Technicals
Support and Resistance: The current price of 99.29 for PNB is supported at 95.42 and faces resistance at 101.33. These levels indicate that 95.42 could act as a floor, while 101.33 might limit any further price increases. Support/Resistance for PNB
Aroon: The current reading of the AROON is neutral for PNB, 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. Aroon chart for Punjab National Bank
Bol. Bands: The BOLL BANDS is currently in a neutral position for Punjab National Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Punjab National Bank
Parabolic SAR: The PSAR for PNB maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Punjab National Bank
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Punjab National Bank
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for PNB. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Punjab National Bank
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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