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Technicals for Raymond Limited
Price Summary
The stock of RAYMOND fell -3.51% today, reflecting a lacklustre market performance.On 2026-06-03, Raymond Limited's stock began at 533.7, peaked at 536.7, bottomed at 512.9, and closed -3.51% down at 514.95, with a volume of 430803 shares.
In the past year, the highest stock price was 758.0, and the lowest was 321.85.
Technicals
Support and Resistance: The price for RAYMOND at 514.95 is supported by the 513.8 level and faces resistance at 513.8. This range indicates key levels where the price may find buyers near 513.8 and sellers near 513.8, defining a trading range.Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for RAYMOND. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for RAYMOND. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for RAYMOND. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon.
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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