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Technicals for Varroc Engineering Limited
By MusingTheNews
2025-12-12 21:02
Overall Technical outlook
Price Summary
On 2025-12-12, Varroc Engineering Limited's stock began at 645.85, climbed to 652.4, dropped to 639.0, and had 0.67% to end at 650.15, with a volume of 99151 shares. In the past year, the highest stock price was 669.95, and the lowest was 400.9. According to 5 analysts, the price of VARROC in the future is projected to be between 550.0 and 750.0, with an average expected price of 646.4.
Technicals
Support and Resistance: The price for VARROC at 650.15 finds support at 642.45 and resistance at 669.95. This suggests a trading range, where 642.45 serves as a support level and 669.95 acts as a resistance point, potentially capping further 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 BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Varroc Engineering Limited
Parabolic SAR: The PSAR for VARROC remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. 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 Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Varroc Engineering Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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