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Technicals for Raymond Limited
By MusingTheNews
2025-04-25 20:52
Overall Technical outlook
Price Summary
A -2.4% drop in Raymond Limited's stock marked an mediocre day on the market. On 2025-04-25, Raymond Limited's stock began at 1537.5, peaked at 1539.7, bottomed at 1487.0, and closed -2.4% down at 1500.6, with a volume of 366560 shares. In the 52-week period, the stock's peak price is 3229.5, and the lowest price recorded is 1224.1.
Technicals
Support and Resistance: The price for RAYMOND at 1500.6 finds support at 1462.5 and resistance at 1567.35. This suggests a trading range, where 1462.5 serves as a support level and 1567.35 acts as a resistance point, potentially capping further gains. Support/Resistance for RAYMOND
Aroon: The current reading of the AROON is neutral for RAYMOND, 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. Aroon chart for Raymond Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Raymond 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 RAYMOND. Parabolic Stop and Reverse chart for Raymond Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Raymond Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Raymond Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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