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Technicals for Redington Limited
By MusingTheNews
2025-08-15 20:52
Overall Technical outlook
Price Summary
On 2025-08-14, Redington Limited's stock opened at 240.0, reached a high of 241.35, dropped to a low of 234.9, and closed down -1.21% at 237.1, with a trading volume of 1213729 shares. The stock's highest price over the 52-week span is 329.7, while the lowest price is 160.48. The anticipated price is forecasted to be between 170.0 and 310.0, with an average price expectation of 257.5, based on input from 4 analysts.
Technicals
Support and Resistance: The price of 237.1 is supported at 227.8 and capped by resistance at 251.11. These levels mark key points for Redington Limited where the price could find stability, with 227.8 as a floor and 251.11 as a ceiling. Support/Resistance for REDINGTON
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Redington Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Redington Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for REDINGTON. Parabolic Stop and Reverse chart for Redington Limited
Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that REDINGTON may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator. Stochastic chart for Redington 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 Redington Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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