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Technicals for Shree Cement Limited
By MusingTheNews
2025-06-13 20:54
Overall Technical outlook
Price Summary
On 2025-06-13, Shree Cement Limited's stock opened at 29590.0, peaked at 29695.0, hit a low of 29240.0, and closed 0.07% higher at 29610.0, with 16460 shares changing hands. In the past year, the highest stock price was 31615.0, and the lowest was 23935.05. 39 analysts forecast that the price of SHREECEM will range from 18000.0 to 34000.0, with an average expected price near 27755.05.
Technicals
Support and Resistance: The price for SHREECEM at 29610.0 is supported by the 29335.0 level and faces resistance at 30502.95. This range indicates key levels where the price may find buyers near 29335.0 and sellers near 30502.95, defining a trading range. Support/Resistance for SHREECEM
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Shree Cement Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Shree Cement Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Shree Cement Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Shree Cement Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Shree Cement Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Shree Cement Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Shree Cement Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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