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Technicals for Shree Cement Limited
By MusingTheNews
2025-08-13 20:56
Overall Technical outlook
Price Summary
On 2025-08-12, SHREECEM's stock opened at 30640.0, reached a peak of 30700.0, dropped to 30355.0, and ended -0.75% lower at 30410.0, with a volume of 19839 shares. The stock's highest price over the 52-week span is 32345.0, while the lowest price is 23935.05. 42 analysts estimate that the future price of SHREECEM will fall between 20250.0 and 38433.0, with an average price expectation of approximately 30770.834.
Technicals
Support and Resistance: The price sits at 30410.0, supported by 29335.0 and resisted by 30502.95. This indicates a trading range where 29335.0 provides a floor, preventing declines, and 30502.95 acts as a ceiling, limiting further price increases for SHREECEM. Support/Resistance for SHREECEM
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Shree Cement Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for SHREECEM. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Shree Cement Limited
Parabolic SAR: The PSAR maintains a bearish outlook for SHREECEM, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Shree Cement Limited
Stochastic: The current reading of the STOCHASTIC is neutral for SHREECEM, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. 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
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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