Overall Technical outlook

Price Summary

Craftsman Automation Limited's stock slumped -2.59% today, reflecting an mediocrending market day.
On 2025-05-29, CRAFTSMAN's stock opened at 5749.9, reached a peak of 5787.5, dropped to 5582.9, and ended -2.59% lower at 5601.1, with a volume of 43811 shares.
Over the past 52 weeks, the stock reached a maximum price of 6604.55 and a minimum price of 3933.05.
The projected price range for Craftsman Automation Limited is between 4641.0 and 6000.0, with an expected mean price of 5379.4287, according to 7 analysts.

Technicals

Support and Resistance: The price of 5601.1 is supported at 5103.45 and capped by resistance at 5663.7. These levels mark key points for Craftsman Automation Limited where the price could find stability, with 5103.45 as a floor and 5663.7 as a ceiling.
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Support/Resistance for CRAFTSMAN


Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for CRAFTSMAN. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Aroon chart for Craftsman Automation Limited


Bol. Bands: The current state of the BOLL BANDS is neutral for CRAFTSMAN, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Bolinger Bands chart for Craftsman Automation Limited


Parabolic SAR: The PSAR for CRAFTSMAN continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Craftsman Automation Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn.
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Stochastic chart for Craftsman Automation Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for CRAFTSMAN, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon.
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Tripple SMA chart for Craftsman Automation Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.