An analytical overview of the factors influencing gold prices in 2025, examining...
Technicals for Central Bank of India
By MusingTheNews
2025-09-05 20:25
Overall Technical outlook
Price Summary
On 2025-09-05, Central Bank of India's stock opened at 35.45, reached a high of 35.54, dropped to a low of 35.06, and closed down -0.76% at 35.18, with a trading volume of 2917732 shares. Over the past 52 weeks, the stock reached a maximum price of 61.58 and a minimum price of 33.86.
Technicals
Support and Resistance: The current price sits at 35.18, supported at 35.33 and capped by resistance at 35.33. These levels define a range for CENTRALBK where the price might stabilize, with 35.33 as a floor and 35.33 as a ceiling. Support/Resistance for CENTRALBK
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CENTRALBK, with no strong trend emerging. Aroon chart for Central Bank of India
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Central Bank of India
Parabolic SAR: The PSAR continues to be bullish for CENTRALBK, 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 Central Bank of India
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for CENTRALBK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Central Bank of India
Tripple Moving Agerage: While the 20, 50, and 100 moving averages are aligned in a bullish formation, the slopes of the 20 and 50 SMAs are losing momentum for CENTRALBK. This weakening could indicate that the current trend is running out of steam, with a potential bearish reversal in price action on the horizon as the market's upward momentum slows. Tripple SMA chart for Central Bank of India
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth analysis of recent earnings season reports, evaluating whether improvements are...
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.