More about Chemplast Sanmar Limited
Fundamentals for Chemplast Sanmar Limited
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Technicals for Chemplast Sanmar Limited
Price Summary
In today's trading session, CHEMPLASTS's shares tumbled by -4.36%, marking a mediocre day.On 2026-02-27, Chemplast Sanmar Limited's stock began at 257.0, peaked at 257.0, bottomed at 239.3, and closed -4.36% down at 245.8, with a volume of 1874128 shares.
The stock's highest price in the past 52 weeks is 480.5, while its lowest price during the same period is 240.1.
The projected price range for Chemplast Sanmar Limited is between 265.0 and 460.0, with an expected mean price of 359.75, according to 4 analysts.
Technicals
Support and Resistance: The current price of 245.8 for CHEMPLASTS finds support at 248.05 and resistance at 248.05. These levels define a range in which the price might oscillate, with 248.05 as a potential support and 248.05 as a resistance level.Aroon: The AROON indicator is pointing to a strong bearish trend, with Aroon Down increasing and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, signaling ongoing bearish momentum. The steady low level of the Aroon Oscillator indicates further weakness.
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Chemplast Sanmar Limited. This suggests a period of market balance, where neither side is showing dominance.
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for CHEMPLASTS. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher.
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Chemplast Sanmar Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely.
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CHEMPLASTS, with no strong trend emerging.
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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