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Technicals for Prestige Estates Projects Limited
By MusingTheNews
2025-06-13 20:51
Overall Technical outlook
Price Summary
Prestige Estates Projects Limited's shares skyrocketed 3.38% today, reflecting a robust day on the market. On 2025-06-13, Prestige Estates Projects Limited's stock began at 1602.0, climbed to 1661.8, dropped to 1590.1, and had 3.38% to end at 1656.1, with a volume of 514920 shares. In the past year, the highest stock price was 2056.8, and the lowest was 1060.3. According to 19 analysts, the price of PRESTIGE in the future is projected to be between 1350.0 and 2380.0, with an average expected price of 1656.3158.
Technicals
Support and Resistance: The price is currently at 1656.1, supported by 1431.7 and resisted by 1675.0. This indicates a range where 1431.7 may provide a base for the price, while 1675.0 serves as a cap on further upward movement for PRESTIGE. Support/Resistance for PRESTIGE
Aroon: The AROON 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. Aroon chart for Prestige Estates Projects Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for PRESTIGE, 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. Bolinger Bands chart for Prestige Estates Projects Limited
Parabolic SAR: The PSAR for PRESTIGE continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Prestige Estates Projects Limited
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 Prestige Estates Projects Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. 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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