Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Archean Chemical Industries Limited
By MusingTheNews
2025-05-30 20:23
Overall Technical outlook
Price Summary
On 2025-05-30, ACI's stock opened at 629.1, reached a peak of 631.25, dropped to 620.0, and ended -0.49% down at 626.0, with a volume of 169220 shares. In the 52-week period, the stock's peak price is 821.0, and the lowest price recorded is 417.2. Analysts predict that the future price will fluctuate between 620.0 and 750.0, with the mean expected price being approximately 692.8571.
Technicals
Support and Resistance: The price currently sits at 626.0, finding support at 596.7 and resistance at 661.4. These levels define a range for Archean Chemical Industries Limited where the price may move, with 596.7 offering a base and 661.4 limiting upward momentum. Support/Resistance for ACI
Aroon: The AROON is in a neutral stance for ACI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Archean Chemical Industries Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Archean Chemical Industries Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Archean Chemical Industries Limited
Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness. Stochastic chart for Archean Chemical Industries 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. Tripple SMA chart for Archean Chemical Industries Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.