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Technicals for Cello World Limited
By MusingTheNews
2025-05-30 20:29
Overall Technical outlook
Price Summary
Cello World Limited had a poor day at the stock market, and its shares dived -4.03%. On 2025-05-30, Cello World Limited's stock opened at 641.9, spiked to 648.0, declined to 612.7, and closed -4.03% lower at 616.05, with 396433 shares traded. During the 52-week span, the stock hit a high of 990.3 and a low of 517.5. The price projection is between 685.0 and 859.0, with an average expected price around 752.8571, according to 7 analysts.
Technicals
Support and Resistance: At 616.05, the price is supported at 590.95 and faces resistance at 671.9. This range suggests that the price for CELLO might stay between these levels, with 590.95 acting as a floor and 671.9 as a ceiling. Support/Resistance for CELLO
Aroon: Aroon's bullish trend continues, with Aroon Up remaining at the 100 level. This indicates sustained bullish momentum, but to fully understand the trend's implications, it should be analyzed alongside other indicators. A more comprehensive assessment will provide a clearer picture of the direction. Aroon chart for Cello World Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Cello World Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for CELLO. Parabolic Stop and Reverse chart for Cello World Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, pointing to the potential onset of a bearish price move. This setup could indicate that the market's recent gains are starting to reverse, possibly leading to a downturn. Traders should monitor this closely for further bearish signals. Stochastic chart for Cello World Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Cello World 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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