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Technicals for Chalet Hotels Limited
By MusingTheNews
2025-05-30 20:29
Overall Technical outlook
Price Summary
On 2025-05-30, Chalet Hotels Limited's stock began at 933.05, peaked at 935.35, bottomed at 913.0, and closed -1.65% down at 917.7, with a volume of 236797 shares. The peak price for the stock in the past 52 weeks is 1017.0, with the lowest price being 668.05. Future price predictions suggest a range between 839.0 and 1150.0, with an average expected price of 1026.6, as per 15 analysts.
Technicals
Support and Resistance: The current price sits at 917.7, supported at 866.7 and capped by resistance at 919.3. These levels define a range for CHALET where the price might stabilize, with 866.7 as a floor and 919.3 as a ceiling. Support/Resistance for CHALET
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Chalet Hotels Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Chalet Hotels Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Chalet Hotels Limited
Parabolic SAR: The PSAR for CHALET continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Chalet Hotels Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator, even as it remains above 80, signaling the potential start of a bearish price move. This setup suggests that the market may be entering a period of weakening momentum, possibly leading to a decline. Investors should monitor the situation for additional bearish signals. Stochastic chart for Chalet Hotels Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages for CHALET are aligned bearishly, indicating a downtrend. However, the slower SMAs are beginning to show signs of weakening, suggesting that the bearish momentum might be losing steam. This could indicate a potential pivot towards a bullish direction in the near future, as the market may be preparing for a trend reversal, moving away from the current downward trajectory. Tripple SMA chart for Chalet Hotels Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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