Overall Technical outlook

Price Summary

On 2025-10-23, Action Construction Equipment Limited's stock began at 1120.0, peaked at 1123.9, bottomed at 1094.3, and closed -1.7% down at 1101.0, with a volume of 184527 shares.
During the past 52 weeks, the highest stock price was 1559.8, and the lowest was 932.4.

Technicals

Support and Resistance: At 1101.0, the price is supported at 1072.2 and faces resistance at 1140.6. This range suggests that the price for ACE might stay between these levels, with 1072.2 acting as a floor and 1140.6 as a ceiling.
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Support/Resistance for ACE


Aroon: The AROON is currently in a neutral position for Action Construction Equipment Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Aroon chart for Action Construction Equipment Limited


Bol. Bands: The price's movement below the upper Bollinger Band hints at a potential downward shift. This signal might indicate that the asset's bullish momentum for ACE is weakening and that a decline could be on the horizon. Traders often see this as a sign of an overbought condition, suggesting that a correction or pullback is likely, and that careful consideration of trading positions is necessary.
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Bolinger Bands chart for Action Construction Equipment Limited


Parabolic SAR: The PSAR continues to be bullish for ACE, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Action Construction Equipment Limited


Stochastic: The stochastic indicator reflects bullish conditions, with the K-line above both the D-line and the 80 mark. This setup suggests that the market has strong upward momentum, likely leading to further gains. Traders may consider this a signal of continued strength in the market.
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Stochastic chart for Action Construction Equipment Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for ACE, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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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.