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Technicals for Century Plyboards (India) Limited
By MusingTheNews
2025-07-16 20:28
Overall Technical outlook
Price Summary
Century Plyboards (India) Limited's stock, on 2025-07-15 opened at 737.75, climbed to a high of 741.4, dropped to a low of 726.3, and closed up -0.89% at 731.2, with 106800 shares traded. The top price for the stock in the last 52 weeks is 916.5, with the bottom price being 667.5. 19 analysts suggest that CENTURYPLY's future price will lie between 710.0 and 934.0, with an average expected price of roughly 826.6842.
Technicals
Support and Resistance: The current price sits at 731.2, supported at 719.25 and capped by resistance at 771.45. These levels define a range for CENTURYPLY where the price might stabilize, with 719.25 as a floor and 771.45 as a ceiling. Support/Resistance for CENTURYPLY
Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for Century Plyboards (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Century Plyboards (India) Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Century Plyboards (India) Limited
Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows signs of a mildly bearish trend. This configuration suggests possible weakness for CENTURYPLY, but the bearish sentiment is not overly strong. Traders should be aware of this potential shift and look for further confirmation. Stochastic chart for Century Plyboards (India) Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Century Plyboards (India) Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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