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Technicals for CEAT Limited
By MusingTheNews
2025-05-30 20:28
Overall Technical outlook
Price Summary
CEAT Limited's stock started trading at 3746.6 on 2025-05-30, climbed to 3838.4, fell to 3738.0, and closed 0.86% up at 3778.7, with 139122 shares traded. The highest price the stock achieved in the past 52 weeks is 3916.9, while the lowest price it saw is 2352.1. According to 18 analysts, the future price is anticipated to vary between 2350.0 and 4100.0, with an average expected price of around 3675.1667.
Technicals
Aroon: The AROON is in a neutral stance for CEATLTD, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for CEAT Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for CEAT 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. Bolinger Bands chart for CEAT Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for CEATLTD. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for CEAT Limited
Stochastic: The STOCHASTIC is currently in a neutral position for CEAT 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. Stochastic chart for CEAT 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 CEATLTD 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 CEAT 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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