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Technicals for Redington Limited
By MusingTheNews
2025-12-15 20:54
Overall Technical outlook
Price Summary
Redington Limited's stock opened at 277.0 on 2025-12-10, surged to a high of 278.0, hit a low of 270.5, and closed up -0.42% at 275.85, with 1562818 shares traded. The peak price for the stock in the past 52 weeks is 329.7, with the lowest price being 187.93. 4 analysts suggest that REDINGTON's future price will lie between 170.0 and 330.0, with an average expected price of roughly 281.25.
Technicals
Support and Resistance: The current price of 275.85 for REDINGTON is supported at 264.83 and faces resistance at 289.7. These levels indicate that 264.83 could act as a floor, while 289.7 might limit any further price increases. Support/Resistance for REDINGTON
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Redington Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. 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: 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 alignment of the 20, 50, and 100 moving averages points to a strong bearish trend, and their downward slopes reinforce this view. The consistent decline in these averages suggests sustained bearish momentum, with the market likely to continue its downward trajectory. This alignment and the slopes signal a strong overall bearish trend, with little indication of an upcoming reversal. Tripple SMA chart for Redington Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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