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Technicals for Varroc Engineering Limited
By MusingTheNews
2025-06-13 21:00
Overall Technical outlook
Price Summary
On 2025-06-13, Varroc Engineering Limited's shares started at 533.7, peaked at 544.9, bottomed out at 527.95, and ended 0.39% up at 535.8, with 114809 shares traded. The stock's highest price in the past 52 weeks is 694.9, while its lowest price during the same period is 400.9. The expected price range is between 450.0 and 606.0, with a mean anticipated price of 523.4, according to 5 analysts.
Technicals
Support and Resistance: The price of 535.8 is supported at 528.4 and faces resistance at 551.1. This range suggests key levels for VARROC where the price may stabilize, with 528.4 acting as a support and 551.1 as a cap on gains. 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. Aroon chart for Varroc Engineering Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Varroc Engineering Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Varroc Engineering Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Varroc Engineering Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for VARROC, 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. Tripple SMA chart for Varroc Engineering Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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