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Technicals for Prestige Estates Projects Limited
By MusingTheNews
2025-04-25 20:50
Overall Technical outlook
Price Summary
The stock of Prestige Estates Projects Limited experienced a -3.4% crash, showcasing a mediocre market performance. On 2025-04-25, PRESTIGE's stock opened at 1306.2, reached a peak of 1318.0, dropped to 1238.6, and ended -3.4% lower at 1261.8, with a volume of 478766 shares. The peak price for the stock in the past 52 weeks is 2056.8, with the lowest price being 1060.3. The expected price range is between 1350.0 and 2380.0, with a mean anticipated price of 1663.6842, according to 19 analysts.
Technicals
Support and Resistance: The current price of 1261.8 for PRESTIGE is supported at 1126.6 and faces resistance at 1271.1. These levels indicate that 1126.6 could act as a floor, while 1271.1 might limit any further price increases. 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 BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Prestige Estates Projects Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for PRESTIGE. Parabolic Stop and Reverse chart for Prestige Estates Projects Limited
Stochastic: The STOCHASTIC is in a neutral stance for PRESTIGE, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Prestige Estates Projects Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Prestige Estates Projects Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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