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Technicals for Alkyl Amines Chemicals Limited
By MusingTheNews
2025-05-30 20:22
Overall Technical outlook
Price Summary
On 2025-05-30, Alkyl Amines Chemicals Limited's stock began at 1979.9, peaked at 1994.7, bottomed at 1913.2, and closed -1.67% down at 1946.8, with a volume of 67118 shares. During the past 52 weeks, the highest stock price was 2409.7, and the lowest was 1568.6. 3 analysts predict that the future price of ALKYLAMINE will be in the range of 1640.0 to 2113.0, with a mean expected price of about 1812.0.
Technicals
Support and Resistance: The current price sits at 1946.8, supported at 1872.6 and capped by resistance at 1980.25. These levels define a range for ALKYLAMINE where the price might stabilize, with 1872.6 as a floor and 1980.25 as a ceiling. Support/Resistance for ALKYLAMINE
Aroon: The bullish trend in Aroon remains, with Aroon Up consistently at the 100 level. This points to sustained upward momentum, but the trend should be explored further alongside other indicators to better understand its implications. Aroon chart for Alkyl Amines Chemicals 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 ALKYLAMINE 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. Bolinger Bands chart for Alkyl Amines Chemicals Limited
Parabolic SAR: The PSAR continues to be bullish for ALKYLAMINE, 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. Parabolic Stop and Reverse chart for Alkyl Amines Chemicals Limited
Stochastic: The K-line for ALKYLAMINE has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Alkyl Amines Chemicals Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for ALKYLAMINE is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for Alkyl Amines Chemicals Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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