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Technicals for Redington Limited
By MusingTheNews
2025-06-13 20:52
Overall Technical outlook
Price Summary
On 2025-06-13, Redington Limited's stock opened at 296.2, reached 299.55, hit a low of 290.8, and rose -0.29% to close at 295.35, with 2917040 shares traded. Over the past 52 weeks, the stock reached a maximum price of 299.25 and a minimum price of 160.48. Based on recommendations from 5 analysts, the future price of REDINGTON is expected to range from 158.0 to 280.0, with an average price expectation around 233.4.
Technicals
Aroon: The AROON 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. Aroon chart for Redington 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 Redington Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Redington Limited
Stochastic: The current state of the STOCHASTIC is neutral for REDINGTON, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Redington Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action. Tripple SMA chart for Redington Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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