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Technicals for Trent Limited
By MusingTheNews
2025-06-13 20:58
Overall Technical outlook
Price Summary
On 2025-06-13, Trent Limited's stock opened at 5505.5, peaked at 5617.5, hit a low of 5481.0, and closed 1.53% up at 5590.0, with 711797 shares changing hands. The stock's highest price over the 52-week span is 8234.95, while the lowest price is 4620.2. According to 24 analysts, the price of TRENT in the future is projected to be between 4044.0 and 7600.0, with an average expected price of 6057.3335.
Technicals
Support and Resistance: The current price of 5590.0 for TRENT is supported at 5455.1 and faces resistance at 5675.3. These levels indicate that 5455.1 could act as a floor, while 5675.3 might limit any further price increases. Support/Resistance for TRENT
Aroon: The current reading of the AROON 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. Aroon chart for Trent Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for TRENT, 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. Bolinger Bands chart for Trent Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Trent Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Trent Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish formation, indicating a downtrend. However, the slower SMAs appear to be losing steam, suggesting that the bearish momentum might be fading. This could be an early sign of a potential bullish pivot in the near future, as the market seems poised for a reversal from the current downward trend. Tripple SMA chart for Trent Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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