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Technicals for Chemplast Sanmar Limited
By MusingTheNews
2025-09-05 20:26
Overall Technical outlook
Price Summary
On 2025-09-05, Chemplast Sanmar Limited's stock opened at 421.7, reached 424.8, hit a low of 411.15, and rose -1.34% to close at 416.05, with 60793 shares traded. The stock's peak price over the last 52 weeks is 528.95, with the lowest being 387.7. The projected price range for Chemplast Sanmar Limited is between 470.0 and 548.0, with an expected mean price of 500.75, according to 4 analysts.
Technicals
Support and Resistance: The price of 416.05 is supported at 409.1 and encounters resistance at 430.45. This suggests key levels where the price might find stability, with 409.1 providing a base and 430.45 acting as an upper boundary for CHEMPLASTS. Support/Resistance for CHEMPLASTS
Aroon: The AROON indicator reflects a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining depressed for CHEMPLASTS. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The low reading of the Aroon Oscillator suggests further weakness. Aroon chart for Chemplast Sanmar Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Chemplast Sanmar Limited
Parabolic SAR: The PSAR has moved from a bullish to a bearish position, suggesting a possible trend reversal. If this shift is confirmed by other indicators, it could be a strong bearish signal. Traders should watch for additional signs of a broader market downturn before making any decisions for CHEMPLASTS. Parabolic Stop and Reverse chart for Chemplast Sanmar Limited
Stochastic: The current reading of the STOCHASTIC is neutral for CHEMPLASTS, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Chemplast Sanmar Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Chemplast Sanmar Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Chemplast Sanmar 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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