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Technicals for Cochin Shipyard Limited
By MusingTheNews
2025-05-30 20:30
Overall Technical outlook
Price Summary
Cochin Shipyard Limited's stock opened at 1963.7 on 2025-05-29, surged to 2010.0, hit a low of 1953.0, and closed up 0.79% at 1979.2, with 3435465 shares traded. In the 52-week period, the stock's peak price is 2863.6, and the lowest price recorded is 1216.35. The projected price range for Cochin Shipyard Limited is between 850.0 and 1640.0, with an expected mean price of 1349.0, according to 3 analysts.
Technicals
Support and Resistance: At 1979.2, the price for COCHINSHIP is supported at 1838.8 and resisted at 1982.2. This indicates a trading range where 1838.8 serves as a support level, potentially preventing further decline, while 1982.2 could limit upward movement. Support/Resistance for COCHINSHIP
Aroon: The AROON 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. Aroon chart for Cochin Shipyard 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 Cochin Shipyard Limited
Parabolic SAR: The PSAR for COCHINSHIP continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Cochin Shipyard Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Cochin Shipyard Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for COCHINSHIP are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for Cochin Shipyard Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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