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Technicals for Action Construction Equipment Limited
By MusingTheNews
2025-07-16 20:20
Overall Technical outlook
Price Summary
Action Construction Equipment Limited's stock started the year at 1179.8, climbed to a high of 1188.4, fell to 1167.7, and closed -0.92% down at 1169.0, with 191683 shares traded on 2025-07-15. The stock's peak price over the last 52 weeks is 1559.8, with the lowest being 1026.5.
Technicals
Support and Resistance: The price for ACE at 1169.0 is supported by the 1168.7 level and faces resistance at 1246.4. This range indicates key levels where the price may find buyers near 1168.7 and sellers near 1246.4, defining a trading range. Support/Resistance for ACE
Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for Action Construction Equipment Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ACE, with no strong trend emerging. Bolinger Bands chart for Action Construction Equipment Limited
Parabolic SAR: The PSAR for ACE continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Action Construction Equipment Limited
Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that ACE may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator. Stochastic chart for Action Construction Equipment Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Action Construction Equipment Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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