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Technicals for CG Power and Industrial Solutions Limited
By MusingTheNews
2025-05-30 20:28
Overall Technical outlook
Price Summary
On 2025-05-30, CG Power and Industrial Solutions Limited's stock began at 698.0, peaked at 699.9, bottomed at 679.2, and closed -1.62% down at 686.7, with a volume of 3519042 shares. Over the past 52 weeks, the stock reached a maximum price of 858.15 and a minimum price of 540.5. 12 analysts estimate that the future price of CGPOWER will fall between 531.0 and 930.0, with an average price expectation of approximately 716.0833.
Technicals
Support and Resistance: The price for CGPOWER at 686.7 finds support at 684.0 and resistance at 713.7. This suggests a trading range, where 684.0 serves as a support level and 713.7 acts as a resistance point, potentially capping further gains. Support/Resistance for CGPOWER
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for CG Power and Industrial Solutions Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for CG Power and Industrial Solutions Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for CG Power and Industrial Solutions Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for CG Power and Industrial Solutions Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for CG Power and Industrial Solutions Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages reflects a bearish trend, signaling a downtrend for CGPOWER. Despite this, the slower SMAs appear to be losing momentum, which could indicate a potential pivot. This weakening in the bearish trend may suggest that the market is preparing for a bullish reversal, with a possible shift in direction occurring soon. Tripple SMA chart for CG Power and Industrial Solutions Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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