Overall Technical outlook

Price Summary

On 2025-05-29, Coforge Limited's stock opened at 8544.0, peaked at 8699.0, hit a low of 8515.5, and closed 1.01% up at 8630.5, with 383944 shares changing hands.
Over the course of 52 weeks, the stock peaked at 9817.95 and hit a low of 4966.95.
Analysts' predictions indicate that COFORGE's future price will be between 5720.0 and 11000.0, with a mean price expectation of approximately 8625.322.

Technicals

Support and Resistance: The price is currently at 8630.5, supported by 8502.15 and resisted by 9370.45. This indicates a range where 8502.15 may provide a base for the price, while 9370.45 serves as a cap on further upward movement for COFORGE.
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Support/Resistance for COFORGE


Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction.
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Aroon chart for Coforge Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for COFORGE, with no strong trend emerging.
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Bolinger Bands chart for Coforge Limited


Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for COFORGE.
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Parabolic Stop and Reverse chart for Coforge Limited


Stochastic: With the K-line above both the D-line and the 80 mark, the stochastic indicator signals a bullish trend. This configuration suggests that the market is experiencing strong upward momentum, likely leading to further gains. Investors may see this as a favorable condition for potential growth.
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Stochastic chart for Coforge 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.
COFORGE trippleSMA 957750
Tripple SMA chart for Coforge Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.