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Technicals for Chemplast Sanmar Limited
By MusingTheNews
2025-07-16 20:29
Overall Technical outlook
Price Summary
2025-07-15, saw CHEMPLASTS's stock open at 419.4, hit a peak of 427.45, fall to a low of 418.25, and close higher 0.82% at 422.85, with 20163 shares changing hands. The stock's highest price in the past 52 weeks is 561.8, while its lowest price during the same period is 387.7. Based on recommendations from 4 analysts, the future price of CHEMPLASTS is expected to range from 455.0 to 568.0, with an average price expectation around 515.75.
Technicals
Support and Resistance: The price for CHEMPLASTS at 422.85 finds support at 410.4 and resistance at 430.45. This suggests a trading range, where 410.4 serves as a support level and 430.45 acts as a resistance point, potentially capping further gains. Support/Resistance for CHEMPLASTS
Aroon: The current reading of the AROON 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. Aroon chart for Chemplast Sanmar Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Chemplast Sanmar Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for CHEMPLASTS. Parabolic Stop and Reverse chart for Chemplast Sanmar 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 Chemplast Sanmar Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Chemplast Sanmar 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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