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Technicals for Century Plyboards (India) Limited
By MusingTheNews
2025-09-04 20:25
Overall Technical outlook
Price Summary
Century Plyboards (India) Limited's stock opened at 781.8 on 2025-09-03, surged to a high of 782.55, hit a low of 766.5, and closed up -0.24% at 779.9, with 47482 shares traded. The top price for the stock in the last 52 weeks is 916.5, with the bottom price being 667.5. The future price of CENTURYPLY is anticipated to range from 690.0 to 946.0, with an expected mean price of 813.0526, according to the recommendations of 19 analysts.
Technicals
Aroon: The AROON 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. Aroon chart for Century Plyboards (India) Limited
Bol. Bands: The current price for CENTURYPLY remains above the upper Bollinger Band, having stayed there since its recent upward move. This situation suggests that the asset is in a strong bullish phase, possibly overbought. While this could indicate continued momentum, traders should be cautious as prolonged periods above the band often lead to corrections or reversals, signaling a potential change in trend. Bolinger Bands chart for Century Plyboards (India) Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Century Plyboards (India) Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Century Plyboards (India) Limited
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for CENTURYPLY, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength. Stochastic chart for Century Plyboards (India) Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Century Plyboards (India) Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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