More about Ircon International Limited
Fundamentals for Ircon International Limited
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Technicals for Ircon International Limited
Price Summary
On 2026-04-09, Ircon International Limited's stock opened at 134.3, peaked at 137.42, hit a low of 132.25, and closed -0.65% down at 133.43, with 3874285 shares changing hands.The stock's highest price in the past 52 weeks is 220.46, while its lowest price during the same period is 0.0.
According to 4 analysts, the future price is anticipated to vary between 141.0 and 159.0, with an average expected price of around 148.5.
Technicals
Support and Resistance: The price currently sits at 133.43, finding support at 130.6 and resistance at 150.01. These levels define a range for Ircon International Limited where the price may move, with 130.6 offering a base and 150.01 limiting upward momentum.Aroon: Aroon's bullish trend continues, with Aroon Up remaining at the 100 level. This indicates sustained bullish momentum, but to fully understand the trend's implications, it should be analyzed alongside other indicators. A more comprehensive assessment will provide a clearer picture of the direction.
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for IRCON.
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for IRCON, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength.
Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend.
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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