Overall Technical outlook

Price Summary

Finolex Cables Limited's stock opened at 850.0 on 2026-04-09, surged to 872.95, hit a low of 840.0, and closed up -0.77% at 843.45, with 378686 shares traded.
For the 52-week period, the stock's highest price is 991.6, and the lowest price is 0.0.
Future price predictions suggest a range between 988.0 and 1250.0, with an average expected price of 1076.7142, as per 7 analysts.

Technicals

Support and Resistance: The price of 843.45 is supported at 818.55 and capped by resistance at 946.45. These levels mark key points for Finolex Cables Limited where the price could find stability, with 818.55 as a floor and 946.45 as a ceiling.
FINCABLES supportResistance 8fc307
Support/Resistance for FINCABLES


Aroon: The AROON is in a neutral stance for FINCABLES, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
FINCABLES aroon 8fc307
Aroon chart for Finolex Cables Limited


Bol. Bands: The current reading of the BOLL BANDS 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.
FINCABLES bbands 8fc307
Bolinger Bands chart for Finolex Cables Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
FINCABLES psar 8fc307
Parabolic Stop and Reverse chart for Finolex Cables Limited


Stochastic: The current reading of the STOCHASTIC is neutral for FINCABLES, 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.
FINCABLES stoch 8fc307
Stochastic chart for Finolex Cables Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
FINCABLES trippleSMA 8fc307
Tripple SMA chart for Finolex Cables Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.