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Technicals for Redington Limited
By MusingTheNews
2025-10-17 20:53
Overall Technical outlook
Price Summary
On 2025-10-17, REDINGTON's stock opened at 272.45, reached a peak of 274.35, dropped to 267.1, and ended -1.3% down at 268.9, with a volume of 1698169 shares. The stock reached its highest price of 329.7 and its lowest price of 160.48 during the 52-week period. 4 analysts predict that the future price of REDINGTON will be in the range of 170.0 to 310.0, with a mean expected price of about 257.5.
Technicals
Support and Resistance: The current price is 268.9, with support at 264.83 and resistance at 282.65. This range suggests that the price might move between these levels, with 264.83 offering support and 282.65 capping further gains for Redington Limited. Support/Resistance for REDINGTON
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for REDINGTON, with no strong trend emerging. Aroon chart for Redington Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for REDINGTON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Redington Limited
Parabolic SAR: The PSAR continues its bearish trend for Redington Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Redington Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Redington Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Redington Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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