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Technicals for Archean Chemical Industries Limited
By MusingTheNews
2025-09-05 20:22
Overall Technical outlook
Price Summary
Archean Chemical Industries Limited's stock started trading at 687.55 on 2025-09-05, climbed to 693.0, fell to 681.15, and closed 0.04% higher at 687.8, with 109295 shares traded. During the past 52 weeks, the highest stock price was 722.05, and the lowest was 417.2. The price projection is between 635.0 and 800.0, with an average expected price around 714.5714, according to 7 analysts.
Technicals
Support and Resistance: The current price of 687.8 is supported at 646.9, with resistance at 701.85. This suggests that the price for ACI might remain between these levels, where 646.9 acts as a floor and 701.85 as a ceiling in the market. Support/Resistance for ACI
Aroon: The current reading of the AROON is neutral for ACI, 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. Aroon chart for Archean Chemical Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Archean Chemical Industries Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Archean Chemical Industries Limited. Parabolic Stop and Reverse chart for Archean Chemical Industries Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Archean Chemical Industries Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Archean Chemical Industries Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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