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Technicals for Prince Pipes and Fittings Limited
By MusingTheNews
2025-08-15 20:50
Overall Technical outlook
Price Summary
Prince Pipes and Fittings Limited's stock saw a -2.75% fall, showcasing an unimpressive market day. On 2025-08-14, Prince Pipes and Fittings Limited's stock opened at 299.65, spiked to 299.65, declined to 290.3, and closed -2.75% down at 291.4, with 92368 shares traded. The stock's highest price in the past 52 weeks is 608.65, while its lowest price during the same period is 239.83. The anticipated price is forecasted to be between 247.0 and 675.0, with an average price expectation of 402.23077, based on input from 13 analysts.
Technicals
Support and Resistance: The price is currently at 291.4, supported by 278.1 and resisted by 292.05. This indicates a range where 278.1 may provide a base for the price, while 292.05 serves as a cap on further upward movement for PRINCEPIPE. Support/Resistance for PRINCEPIPE
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for PRINCEPIPE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Prince Pipes and Fittings Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Prince Pipes and Fittings Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Prince Pipes and Fittings Limited
Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is likely for PRINCEPIPE. This configuration suggests that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal for potential growth. Stochastic chart for Prince Pipes and Fittings Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for PRINCEPIPE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Prince Pipes and Fittings Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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