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Technicals for Craftsman Automation Limited
By MusingTheNews
2025-09-04 20:26
Overall Technical outlook
Price Summary
On 2025-09-03, Craftsman Automation Limited's stock started at 6960.0, soared to 6960.0, dropped to 6850.0, and finished the day -0.9% down at 6897.5, with a trading volume of 21594 shares. The stock's highest price over the 52-week span is 7159.5, while the lowest price is 3933.05. The projected price range for Craftsman Automation Limited is between 6212.0 and 8400.0, with an expected mean price of 7404.625, according to 8 analysts.
Technicals
Support and Resistance: The price of 6897.5 is supported at 6863.5 and encounters resistance at 7093.0. This suggests key levels where the price might find stability, with 6863.5 providing a base and 7093.0 acting as an upper boundary for CRAFTSMAN. Support/Resistance for CRAFTSMAN
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Craftsman Automation Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Craftsman Automation Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Craftsman Automation Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Craftsman Automation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Craftsman Automation Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Craftsman Automation Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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