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Technicals for Prince Pipes and Fittings Limited
By MusingTheNews
2025-06-13 20:51
Overall Technical outlook
Price Summary
PRINCEPIPE's shares experienced a significant 7.32% jump, indicating a fantastic market performance. On 2025-06-13, Prince Pipes and Fittings Limited's shares started at 338.95, peaked at 367.0, bottomed out at 336.2, and ended 7.32% up at 363.75, with 1281954 shares traded. The top price for the stock in the last 52 weeks is 699.85, with the bottom price being 239.83. The future price of PRINCEPIPE is anticipated to range from 246.0 to 675.0, with an expected mean price of 398.66666, according to the recommendations of 15 analysts.
Technicals
Support and Resistance: The price of 363.75 is supported at 334.35 and capped by resistance at 363.95. These levels mark key points for Prince Pipes and Fittings Limited where the price could find stability, with 334.35 as a floor and 363.95 as a ceiling. Support/Resistance for PRINCEPIPE
Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for PRINCEPIPE. Aroon chart for Prince Pipes and Fittings Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Prince Pipes and Fittings Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Prince Pipes and Fittings Limited
Stochastic: The K-line has slipped below the D-line on the stochastic indicator while staying above 80, suggesting the onset of a bearish price move. This pattern may indicate that the market's upward momentum is starting to fade, which could lead to a reversal. Investors should be mindful of this possible shift for PRINCEPIPE. Stochastic chart for Prince Pipes and Fittings Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Prince Pipes and Fittings Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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