Overall Technical outlook

Price Summary

In today's trading session, VARROC's shares slid by -3.98%, marking a awful day.
On 2025-04-25, VARROC's stock began at 464.0, peaked at 469.9, dipped to 441.55, and closed up -3.98% at 445.55, with a volume of 260066 shares.
The highest price the stock achieved in the past 52 weeks is 694.9, while the lowest price it saw is 400.9.
Analysts predict that the future price will fluctuate between 450.0 and 606.0, with the mean expected price being approximately 523.4.

Technicals

Support and Resistance: At 445.55, the price is supported at 420.7 and faces resistance at 448.05. This range suggests that the price for VARROC might stay between these levels, with 420.7 acting as a floor and 448.05 as a ceiling.
VARROC supportResistance 235d30
Support/Resistance for VARROC


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
VARROC aroon 235d30
Aroon chart for Varroc Engineering Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
VARROC bbands 235d30
Bolinger Bands chart for Varroc Engineering Limited


Parabolic SAR: The PSAR for VARROC maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
VARROC psar 235d30
Parabolic Stop and Reverse chart for Varroc Engineering Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn.
VARROC stoch 235d30
Stochastic chart for Varroc Engineering Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
VARROC trippleSMA 235d30
Tripple SMA chart for Varroc Engineering Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.