An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for CEAT Limited
By MusingTheNews
2025-09-04 20:25
Overall Technical outlook
Price Summary
On 2025-09-03, CEAT Limited's stock began at 3376.0, peaked at 3379.5, declined to 3282.0, and ended the day -1.69% down at 3319.0, with 165827 shares traded. The top price for the stock in the last 52 weeks is 3916.9, with the bottom price being 2382.0. 18 analysts suggest that CEATLTD's future price will lie between 3100.0 and 4600.0, with an average expected price of roughly 3956.111.
Technicals
Support and Resistance: The current price sits at 3319.0, supported at 3026.1 and capped by resistance at 3323.3. These levels define a range for CEATLTD where the price might stabilize, with 3026.1 as a floor and 3323.3 as a ceiling. Support/Resistance for CEATLTD
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for CEAT 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 CEATLTD 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 CEAT Limited
Parabolic SAR: The PSAR continues to be bullish for CEATLTD, 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 CEAT Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for CEAT Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for CEAT Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses the implications of the Eurozone CPI at 2.1% regarding...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.