Overall Technical outlook

Price Summary

On 2026-04-09, Redington Limited's stock began at 219.28, peaked at 222.85, bottomed at 215.11, and closed -0.49% lower at 218.2, with a volume of 3045486 shares.
The highest price the stock achieved in the past 52 weeks is 329.7, while the lowest price it saw is 0.0.
Analysts predict that the future price will fluctuate between 170.0 and 330.0, with the mean expected price being approximately 289.0.

Technicals

Support and Resistance: The price of 218.2 is supported at 205.9 and capped by resistance at 232.35. These levels mark key points for Redington Limited where the price could find stability, with 205.9 as a floor and 232.35 as a ceiling.
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Support/Resistance for REDINGTON


Aroon: The current state of the AROON is neutral for REDINGTON, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Redington Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for REDINGTON, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Redington Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Redington Limited


Stochastic: The STOCHASTIC is in a neutral stance for REDINGTON, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Redington Limited


Tripple Moving Agerage: A bullish trend for Redington Limited is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages raise concerns about a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not last, signaling the possibility of a shift in direction.
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Tripple SMA chart for Redington Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.