Overall Technical outlook

Price Summary

Action Construction Equipment Limited's stock opened at 1257.0 on 2025-05-30, surged to a high of 1267.0, hit a low of 1244.8, and closed up -0.66% at 1248.7, with 187619 shares traded.
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 currently sits at 1248.7, finding support at 1245.5 and resistance at 1354.0. These levels define a range for Action Construction Equipment Limited where the price may move, with 1245.5 offering a base and 1354.0 limiting upward momentum.
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Support/Resistance for ACE


Aroon: The current state of the AROON 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.
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Aroon chart for Action Construction Equipment Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Bolinger Bands chart for Action Construction Equipment Limited


Parabolic SAR: The PSAR has recently turned from bullish to bearish for Action Construction Equipment Limited, suggesting a potential market downturn. If this move is corroborated by other trends, it could be a very bearish signal. Investors should be cautious and look for additional confirmation before acting on this reversal.
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Parabolic Stop and Reverse chart for Action Construction Equipment Limited


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Stochastic chart for Action Construction Equipment Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Tripple SMA chart for Action Construction Equipment Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.