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Technicals for Dixon Technologies (India) Limited
By MusingTheNews
2025-09-04 20:27
Overall Technical outlook
Price Summary
Dixon Technologies (India) Limited's stock opened at 17580.0 on 2025-09-03, surged to 17780.0, dropped to 17481.0, and ended 1.02% higher at 17759.0, with 255104 shares traded. Over the previous 52 weeks, the stock reached a high of 18940.15 and a low of 12063.85. According to 29 analysts, the future price is anticipated to vary between 9085.0 and 22100.0, with an average expected price of around 17474.172.
Technicals
Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating sustained market strength for DIXON. This trend warrants further exploration alongside other indicators to fully understand its implications and potential future direction. Aroon chart for Dixon Technologies (India) Limited
Bol. Bands: The latest price action has seen the current price cross above the upper Bollinger Band, signaling a bullish trend. This upward break suggests that the market is experiencing strong buying pressure, pushing prices higher. Such a move is often seen as an indicator of increasing momentum, potentially leading to further gains for DIXON. Bolinger Bands chart for Dixon Technologies (India) 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 Dixon Technologies (India) Limited
Stochastic: The stochastic indicator shows a bullish signal, with the K-line exceeding both the D-line and the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors could consider this a favorable sign for continued market growth for Dixon Technologies (India) Limited. Stochastic chart for Dixon Technologies (India) Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages indicates a bearish trend for DIXON, but the wavering slopes of the 20 and 50 SMAs suggest that this momentum may be fading. This weakening could be a precursor to a bullish reversal, as the market's current downtrend shows signs of losing steam. Investors may soon see a shift towards more positive price action as the trend begins to change. Tripple SMA chart for Dixon Technologies (India) Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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