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Technicals for Raymond Limited
By MusingTheNews
2025-08-13 20:54
Overall Technical outlook
Price Summary
On 2025-08-12, Raymond Limited's stock opened at 614.0, reached a high of 628.0, dropped to a low of 611.5, and closed up 0.06% at 614.35, with a trading volume of 269935 shares. The stock reached its highest price of 2111.05 and lowest price of 551.2 over the last 52 weeks.
Technicals
Support and Resistance: The price for RAYMOND at 614.35 finds support at 592.95 and resistance at 689.2. This suggests a trading range, where 592.95 serves as a support level and 689.2 acts as a resistance point, potentially capping further gains. Support/Resistance for RAYMOND
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Raymond Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Raymond Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for RAYMOND. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Raymond Limited
Stochastic: The Stochastic K-line has fallen below the D-line and remains under the 20 mark, indicating a mildly bearish signal. This suggests that the market may experience some downward pressure, but the overall bearish sentiment is not yet strong. Investors should be cautious, watching for further developments that could confirm this trend. Stochastic chart for Raymond Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Raymond 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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