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Technicals for CSB Bank Limited
By MusingTheNews
2025-09-05 20:25
Overall Technical outlook
Price Summary
A -2.13% plunge in CSB Bank Limited's stock marked an unimpressive day on the market. CSB Bank Limited's stock began trading at 365.75 on 2025-09-05, soared to 369.5, dipped to 355.2, and finished the day -2.13% lower at 357.95, with 231739 shares exchanged. The stock's highest price in the past 52 weeks is 435.2, while its lowest price during the same period is 274.65.
Technicals
Support and Resistance: The price for CSBBANK is 357.95, with support at 342.05 and resistance at 358.1. This suggests a range where 342.05 acts as a base, preventing declines, and 358.1 caps gains, defining key trading levels. Support/Resistance for CSBBANK
Aroon: The AROON indicator suggests a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed. This combination signals a continuation of the downward trend, indicating that bearish momentum is likely to persist. The steady low reading of the Aroon Oscillator suggests further weakness in the market. Aroon chart for CSB Bank Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for CSB Bank Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for CSB Bank Limited
Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows a mildly bearish trend. This setup suggests possible downward movement, though the bearish sentiment is relatively mild. Traders should keep this in mind and watch for further developments. Stochastic chart for CSB Bank Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for CSBBANK, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for CSB Bank Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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