Overall Technical outlook

Price Summary

On 2026-03-02, Ircon International Limited's stock opened at 136.0, reached 140.6, hit a low of 134.52, and rose 0.15% to close at 136.21, with 3859663 shares traded.
For the 52-week period, the stock's highest price is 220.46, and the lowest price is 136.21.
Future price predictions suggest a range between 141.0 and 159.0, with an average expected price of 148.5, as per 4 analysts.

Technicals


Aroon: The Aroon indicator shows a continuation of the bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications.
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Aroon chart for Ircon International Limited


Bol. Bands: Currently, the price is below the lower Bollinger Band and has stayed there since the last move. This prolonged position below the band suggests that IRCON might be oversold, indicating a strong downward trend. The continuous stay in this area points to sustained bearish momentum, and traders may consider this a critical juncture for potential market reversals or further declines.
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Bolinger Bands chart for Ircon International Limited


Parabolic SAR: The PSAR remains bearish for Ircon International Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.
IRCON psar 748a3b
Parabolic Stop and Reverse chart for Ircon International Limited


Stochastic: The stochastic indicator for IRCON shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally.
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Stochastic chart for Ircon International Limited


Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for IRCON. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend.
IRCON trippleSMA 748a3b
Tripple SMA chart for Ircon International 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.