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Technicals for Coforge Limited
By MusingTheNews
2025-12-15 20:30
Overall Technical outlook
Price Summary
Coforge Limited's stock opened at 1855.0 on 2025-12-15, surged to 1874.9, hit a low of 1835.5, and closed up 0.81% at 1870.0, with 774650 shares traded. The stock reached its highest price of 9817.95 and its lowest price of 1538.5 during the 52-week period. The expected price range is between 1260.0 and 2500.0, with a mean anticipated price of 1953.6875, according to 32 analysts.
Technicals
Support and Resistance: At 1870.0, the price is supported by 1859.3 and resisted by 1949.6. This indicates that the price for Coforge Limited might fluctuate between these levels, with 1859.3 acting as a support and 1949.6 limiting further upward movement. Support/Resistance for COFORGE
Aroon: The AROON 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. 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. Bolinger Bands chart for Coforge Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for COFORGE. Parabolic Stop and Reverse chart for Coforge Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Coforge 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 momentum could indicate that the bearish trend for COFORGE is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for Coforge Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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