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Technicals for Rajesh Exports Limited
By MusingTheNews
2025-04-25 20:51
Overall Technical outlook
Price Summary
The stock of Rajesh Exports Limited experienced a -5.79% collapse, showcasing a lousy market performance. Rajesh Exports Limited's stock opened at 198.89 on 2025-04-25, surged to 198.9, dropped to 185.1, and ended -5.79% down at 187.37, with 834025 shares traded. Over the previous 52 weeks, the stock reached a high of 321.15 and a low of 151.73.
Technicals
Support and Resistance: At 187.37, the price is held up by support at 184.0 and faces resistance at 193.53 for RAJESHEXPO. This suggests a trading range where 184.0 provides a base and 193.53 limits upward movement. Support/Resistance for RAJESHEXPO
Aroon: The AROON 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. Aroon chart for Rajesh Exports Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for RAJESHEXPO, 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 Rajesh Exports Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Rajesh Exports Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Rajesh Exports Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RAJESHEXPO, with no strong trend emerging. Tripple SMA chart for Rajesh Exports Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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