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Technicals for CG Power and Industrial Solutions Limited
By MusingTheNews
2026-02-02 20:27
Overall Technical outlook
Price Summary
CG Power and Industrial Solutions Limited's stock opened at 600.45 on 2026-02-02, surged to 609.95, dropped to 586.4, and ended 1.32% up at 608.35, with 3459551 shares traded. In the 52-week period, the stock's peak price is 792.2, and the lowest price recorded is 530.65. The expected price range is between 472.0 and 820.0, with a mean anticipated price of 692.4375, according to 16 analysts.
Technicals
Support and Resistance: The price of 608.35 is supported at 581.6 and faces resistance at 645.25. This range suggests key levels for CGPOWER where the price may stabilize, with 581.6 acting as a support and 645.25 as a cap on gains. Support/Resistance for CGPOWER
Aroon: A strong bullish trend is indicated by the AROON indicator, with the Aroon Up increasing and the Aroon Oscillator reversing. This combination suggests a shift towards an upward trend, indicating that the market may be entering a phase of increased bullish activity. Investors might view this as a sign of potential gains, with the market expected to continue its upward movement for CGPOWER. Aroon chart for CG Power and Industrial Solutions Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for CG Power and Industrial Solutions Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for CG Power and Industrial Solutions Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for CG Power and Industrial Solutions Limited
Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for CGPOWER. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend. Tripple SMA chart for CG Power and Industrial Solutions Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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