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Technicals for Allcargo Logistics Limited
By MusingTheNews
2025-09-04 20:21
Overall Technical outlook
Price Summary
On 2025-09-03, Allcargo Logistics Limited's stock opened at 32.07, spiked to 32.44, declined to 31.7, and closed 0.09% up at 32.1, with 1837239 shares traded. The stock reached its highest price of 71.08 and its lowest price of 27.26 during the 52-week period. The expected price range is between 39.0 and 43.0, with a mean anticipated price of 40.66667, according to 3 analysts.
Technicals
Support and Resistance: At 32.1, the price is held up by support at 31.32 and faces resistance at 33.32 for ALLCARGO. This suggests a trading range where 31.32 provides a base and 33.32 limits upward movement. Support/Resistance for ALLCARGO
Aroon: The AROON is currently in a neutral position for Allcargo Logistics 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. Aroon chart for Allcargo Logistics Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Allcargo Logistics Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Allcargo Logistics Limited
Parabolic SAR: The PSAR maintains a bearish outlook for ALLCARGO, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Allcargo Logistics Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Allcargo Logistics Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Allcargo Logistics Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Allcargo Logistics 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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