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Technicals for Cyient Limited
By MusingTheNews
2025-05-30 20:31
Overall Technical outlook
Price Summary
On 2025-05-29, Cyient Limited's stock opened at 1350.0, spiked to 1372.4, declined to 1345.1, and closed 0.34% higher at 1354.6, with 278791 shares traded. Over the past 52 weeks, the stock reached a maximum price of 2150.65 and a minimum price of 1121.2. The price projection is between 1050.0 and 2230.0, with an average expected price around 1431.0, according to 22 analysts.
Technicals
Support and Resistance: The price is currently at 1354.6, supported by 1317.25 and resisted by 1454.8. This indicates a range where 1317.25 may provide a base for the price, while 1454.8 serves as a cap on further upward movement for CYIENT. Support/Resistance for CYIENT
Aroon: The AROON is currently in a neutral position for Cyient Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Cyient Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Cyient Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Cyient Limited
Stochastic: The stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals. Stochastic chart for Cyient Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Cyient Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Cyient Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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