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Technicals for Prestige Estates Projects Limited
By MusingTheNews
2025-12-15 20:52
Overall Technical outlook
Price Summary
2025-12-10, saw PRESTIGE's stock open at 1643.2, hit a peak of 1650.7, fall to a low of 1611.8, and close lower -1.51% at 1618.4, with 480912 shares changing hands. In the 52-week period, the stock's peak price is 1888.05, and the lowest price recorded is 1060.3. The future price of PRESTIGE is anticipated to range from 1350.0 to 2391.0, with an expected mean price of 1985.0, according to the recommendations of 21 analysts.
Technicals
Support and Resistance: The current price sits at 1618.4, supported at 1611.3 and capped by resistance at 1738.6. These levels define a range for PRESTIGE where the price might stabilize, with 1611.3 as a floor and 1738.6 as a ceiling. Support/Resistance for PRESTIGE
Aroon: The current reading of the AROON 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. Aroon chart for Prestige Estates Projects Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Prestige Estates Projects Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Prestige Estates Projects Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Prestige Estates Projects Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for PRESTIGE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Prestige Estates Projects Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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