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Technicals for Crompton Greaves Consumer Electricals Limited
By MusingTheNews
2025-05-30 20:31
Overall Technical outlook
Price Summary
On 2025-05-29, CROMPTON's stock began at 355.35, peaked at 360.9, dipped to 350.7, and closed up 1.11% at 359.3, with a volume of 2161008 shares. Over the past year, the stock's highest price was 477.05, and its lowest was 321.15. According to 32 analysts, the price of CROMPTON in the future is projected to be between 317.0 and 491.0, with an average expected price of 429.1875.
Technicals
Support and Resistance: The price currently sits at 359.3, finding support at 353.5 and resistance at 370.0. These levels define a range for Crompton Greaves Consumer Electricals Limited where the price may move, with 353.5 offering a base and 370.0 limiting upward momentum. Support/Resistance for CROMPTON
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Crompton Greaves Consumer Electricals Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Crompton Greaves Consumer Electricals Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Crompton Greaves Consumer Electricals Limited
Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for CROMPTON. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth. Stochastic chart for Crompton Greaves Consumer Electricals Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bullish trend, reinforced by their upward slopes. This indicates a mildly bullish overall trend for CROMPTON, pointing to a market environment where gains are expected to be modest but consistent. The trend is positive, but the pace of growth is likely to be moderate, reflecting a stable and cautiously optimistic outlook. Tripple SMA chart for Crompton Greaves Consumer Electricals Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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