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Technicals for Can Fin Homes Limited
By MusingTheNews
2025-07-16 20:27
Overall Technical outlook
Price Summary
2025-07-15, saw CANFINHOME's stock open at 797.15, hit a peak of 806.3, fall to a low of 796.0, and close lower -0.03% at 796.95, with 59825 shares changing hands. The peak price for the stock in the past 52 weeks is 931.2, with the lowest price being 574.8. The future price of CANFINHOME is anticipated to range from 750.0 to 970.0, with an expected mean price of 847.5, according to the recommendations of 14 analysts.
Technicals
Support and Resistance: The price of 796.95 is supported at 779.75 and faces resistance at 813.45. This range suggests key levels for CANFINHOME where the price may stabilize, with 779.75 acting as a support and 813.45 as a cap on gains. Support/Resistance for CANFINHOME
Aroon: The current state of the AROON 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. Aroon chart for Can Fin Homes Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Can Fin Homes Limited
Parabolic SAR: The PSAR remains bearish for Can Fin Homes Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Can Fin Homes Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Can Fin Homes Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for CANFINHOME, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Can Fin Homes Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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