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Technicals for Coforge Limited
By MusingTheNews
2025-07-16 20:29
Overall Technical outlook
Price Summary
Coforge Limited's stock opened at 1892.2 on 2025-07-16, surged to 1894.3, dropped to 1869.2, and ended -0.52% lower at 1882.4, with 1256785 shares traded. In the 52-week period, the stock's peak price is 9817.95, and the lowest price recorded is 1724.5. According to 31 analysts, the price of COFORGE in the future is projected to be between 1140.0 and 2200.0, with an average expected price of 1791.542.
Technicals
Support and Resistance: The price currently sits at 1882.4, finding support at 1830.5 and resistance at 7683.95. These levels define a range for Coforge Limited where the price may move, with 1830.5 offering a base and 7683.95 limiting upward momentum. Support/Resistance for COFORGE
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 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 Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Coforge Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Coforge Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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