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Technicals for Sammaan Capital Limited
By MusingTheNews
2025-04-25 20:53
Overall Technical outlook
Price Summary
With a -4.64% crash, Sammaan Capital Limited enjoyed a poor day in the stock market. 2025-04-25, saw SAMMAANCAP's stock open at 129.85, hit a peak of 131.2, fall to a low of 122.93, and close lower -4.64% at 123.82, with 9252642 shares changing hands. During the past 52 weeks, the highest stock price was 178.61, and the lowest was 102.67.
Technicals
Support and Resistance: The current price of 123.82 is supported at 121.48, with resistance at 144.22. This suggests that the price for SAMMAANCAP might remain between these levels, where 121.48 acts as a floor and 144.22 as a ceiling in the market. Support/Resistance for SAMMAANCAP
Aroon: The current state of the AROON is neutral for SAMMAANCAP, 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. Aroon chart for Sammaan Capital Limited
Bol. Bands: The price for SAMMAANCAP has moved below the upper Bollinger Band, signaling a potential downward trend. Traders might interpret this as a sign that the asset is losing momentum and could see a decline. This technical indicator often suggests that the market is overbought, and a price correction might be imminent, making it a critical point for those considering short positions. Bolinger Bands chart for Sammaan Capital Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Sammaan Capital Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Sammaan Capital Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for Sammaan Capital Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Sammaan Capital 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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