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Technicals for Cholamandalam Investment and Finance Company Limited
By MusingTheNews
2025-05-30 20:30
Overall Technical outlook
Price Summary
The stock of Cholamandalam Investment and Finance Company Limited experienced a -2.55% crash, showcasing a poor market performance. On 2025-05-29, Cholamandalam Investment and Finance Company Limited's stock opened at 1649.9, reached 1653.8, hit a low of 1601.5, and rose -2.55% to close at 1607.8, with 1535034 shares traded. The stock's highest price in the past 52 weeks is 1665.2, while its lowest price during the same period is 1171.1. 34 analysts forecast that the price of CHOLAFIN will range from 1085.0 to 1950.0, with an average expected price near 1617.8823.
Technicals
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Cholamandalam Investment and Finance Company Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Cholamandalam Investment and Finance Company Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, suggesting a potential trend reversal. This shift could be a very bearish signal if supported by other market indicators. Traders should be on the lookout for additional signs of a broader downward trend. Parabolic Stop and Reverse chart for Cholamandalam Investment and Finance Company Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Cholamandalam Investment and Finance Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Cholamandalam Investment and Finance Company Limited. Tripple SMA chart for Cholamandalam Investment and Finance Company Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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