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Technicals for CESC Limited
By MusingTheNews
2025-05-30 20:27
Overall Technical outlook
Price Summary
CESC Limited's stock tumbled -3.51% today, reflecting an awfulnding market day. On 2025-05-30, CESC Limited's stock started at 168.3, soared to 168.65, dropped to 162.02, and finished the day -3.51% down at 162.4, with a trading volume of 4604602 shares. The stock's highest value over the last 52 weeks is 208.41, and the lowest value is 122.18. The expected price range is between 150.0 and 250.0, with a mean anticipated price of 198.5, according to 10 analysts.
Technicals
Support and Resistance: The price for CESC at 162.4 finds support at 159.35 and resistance at 171.92. This suggests a trading range, where 159.35 serves as a support level and 171.92 acts as a resistance point, potentially capping further gains. Support/Resistance for CESC
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for CESC Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for CESC Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for CESC Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for CESC 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 CESC Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are currently aligned in a bearish formation, reflecting a strong downtrend. Despite this, the slower SMAs appear to be losing steam, which might indicate a shift is on the horizon. This weakening bearish momentum could pave the way for a bullish reversal, as the market seems poised for a potential change in direction soon. Tripple SMA chart for CESC Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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