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Technicals for Colgate-Palmolive (India) Limited
By MusingTheNews
2025-05-30 20:30
Overall Technical outlook
Price Summary
On 2025-05-29, Colgate-Palmolive (India) Limited's stock began at 2506.8, climbed to 2509.0, dropped to 2475.0, and had -0.79% to end at 2486.9, with a volume of 530260 shares. The stock's peak price over the last 52 weeks is 3838.1, with the lowest being 2350.5. Analysts' predictions indicate that COLPAL's future price will be between 1800.0 and 3250.0, with a mean price expectation of approximately 2625.8438.
Technicals
Support and Resistance: The current price of 2486.9 for COLPAL is supported at 2450.0 and faces resistance at 2543.4. These levels indicate that 2450.0 could act as a floor, while 2543.4 might limit any further price increases. Support/Resistance for COLPAL
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 Colgate-Palmolive (India) 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 COLPAL, with no strong trend emerging. Bolinger Bands chart for Colgate-Palmolive (India) Limited
Parabolic SAR: The PSAR maintains a bearish outlook for COLPAL, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Colgate-Palmolive (India) Limited
Stochastic: The Stochastic K-line's descent below the D-line and under 20 suggests a mildly bearish outlook for COLPAL. This indicates that the market may face some pressure to the downside, though the bearish tone is moderate. Investors should consider this as a potential early warning sign. Stochastic chart for Colgate-Palmolive (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Colgate-Palmolive (India) Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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