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Technicals for Allcargo Logistics Limited
By MusingTheNews
2025-07-16 20:22
Overall Technical outlook
Price Summary
With a 3.07% climb, Allcargo Logistics Limited enjoyed a remarkable day in the stock market. Allcargo Logistics Limited's stock began trading at 34.5 on 2025-07-15, soared to 36.85, dipped to 34.34, and finished the day 3.07% up at 35.56, with 18779174 shares exchanged. The stock's peak price over the last 52 weeks is 71.61, with the lowest being 27.26. 3 analysts suggest that ALLCARGO's future price will lie between 39.0 and 48.0, with an average expected price of roughly 43.33333.
Technicals
Support and Resistance: The current price for ALLCARGO is 35.56, supported at 34.02 with resistance at 41.13. This indicates a trading range where 34.02 might prevent further declines, while 41.13 could hinder additional gains. Support/Resistance for ALLCARGO
Aroon: A strong bullish trend is currently being indicated by the AROON. The Aroon Up has moved higher, and the Aroon Oscillator has reversed, signaling a shift to an upward trend. This suggests that the market may be entering a period of increased bullish activity, with investors likely to see further price increases in the price of Allcargo Logistics Limited in the near future. Aroon chart for Allcargo Logistics Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Allcargo Logistics Limited
Parabolic SAR: The recent shift in the PSAR from bearish to bullish suggests a potential trend reversal. If this move aligns with signals from other indicators, it could indicate a strong bullish trend. Investors should consider this reversal as a possible opportunity, particularly if supported by a broader market trend. Parabolic Stop and Reverse chart for Allcargo Logistics Limited
Stochastic: The STOCHASTIC is in a neutral stance for ALLCARGO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Allcargo Logistics Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Allcargo Logistics Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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