2025-12-15, saw RAMCOCEM's stock open at 1062.0, hit a peak of 1068.0, fall to a low of 1055.5, and close higher 0.12% at 1063.3, with 436691 shares changing hands. Over the past year, the stock's highest price was 1201.4, and its lowest was 801.55. According to 32 analysts, the future price is anticipated to vary between 650.0 and 1270.0, with an average expected price of around 1041.6562.
Technicals
Support and Resistance: The current price of 1063.3 for RAMCOCEM finds support at 1015.85 and resistance at 1070.4. These levels define a range in which the price might oscillate, with 1015.85 as a potential support and 1070.4 as a resistance level. Support/Resistance for RAMCOCEM
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for The Ramco Cements Limited
Bol. Bands: The price for RAMCOCEM is currently above the upper Bollinger Band and has stayed there since its last upward move. This could suggest strong bullish momentum, indicating that the asset is experiencing an overbought condition. Traders may see this as a sign of sustained strength, though caution is advised as extended periods above the band could lead to a potential reversal or correction. Bolinger Bands chart for The Ramco Cements Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for The Ramco Cements Limited
Stochastic: The stochastic indicator for The Ramco Cements Limited reflects a bullish sentiment, as the K-line is above both the D-line and the 80 threshold. This setup points to strong upward momentum, implying that the market may continue to rise. Traders could consider this as an indication of sustained bullish activity. Stochastic chart for The Ramco Cements Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned, indicating a bullish trend for RAMCOCEM supported by their upward slopes. This alignment points to a mildly bullish overall trend, suggesting that the market may see a steady, gradual rise in value. The trend is positive, but the pace of growth is likely to be moderate, reflecting a stable and cautiously optimistic market outlook. Tripple SMA chart for The Ramco Cements 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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