Overall Technical outlook

Price Summary

On 2025-08-14, PRAJIND's stock began at 405.0, peaked at 413.9, dipped to 405.0, and closed up 1.56% at 411.3, with a volume of 955728 shares.
During the 52-week span, the stock hit a high of 844.6 and a low of 404.9.
6 analysts estimate that the future price of PRAJIND will fall between 493.0 and 700.0, with an average price expectation of approximately 589.0.

Technicals


Aroon: The current reading of the AROON is neutral for PRAJIND, 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.
PRAJIND aroon ccd19c
Aroon chart for Praj Industries Limited


Bol. Bands: The current price has moved above the lower Bollinger Band after previously being positioned below it. This upward movement suggests that the market might be recovering from oversold levels. The crossover could signal a weakening of the bearish trend and potentially indicate the start of a new bullish phase or at least a temporary stabilization for Praj Industries Limited.
PRAJIND bbands ccd19c
Bolinger Bands chart for Praj Industries Limited


Parabolic SAR: The PSAR for PRAJIND remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains.
PRAJIND psar ccd19c
Parabolic Stop and Reverse chart for Praj Industries Limited


Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20, hinting at the beginning of a bullish move. This setup suggests that the market may be starting to rise from a low point, potentially leading to gains. Traders could consider this a favorable entry point for PRAJIND.
PRAJIND stoch ccd19c
Stochastic chart for Praj Industries Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching.
PRAJIND trippleSMA ccd19c
Tripple SMA chart for Praj Industries Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.