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Technicals for Dixon Technologies (India) Limited
By MusingTheNews
2025-05-29 20:32
Overall Technical outlook
Price Summary
Dixon Technologies (India) Limited's stock started the year at 14874.0, climbed to a high of 14897.0, fell to 14660.0, and closed -0.44% down at 14808.0, with 475355 shares traded on 2025-05-29. The stock's highest price over the 52-week span is 18940.15, while the lowest price is 8851.4. 28 analysts estimate that the future price of DIXON will fall between 8696.0 and 21409.0, with an average price expectation of approximately 16456.465.
Technicals
Support and Resistance: The price of 14808.0 is supported at 14714.5 and faces resistance at 15835.15. This range suggests key levels for DIXON where the price may stabilize, with 14714.5 acting as a support and 15835.15 as a cap on gains. Support/Resistance for DIXON
Aroon: Aroon's bearish trend continues, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with other indicators is needed to fully assess the trend's implications. Aroon chart for Dixon Technologies (India) Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Dixon Technologies (India) Limited
Parabolic SAR: The PSAR continues its bearish trend for Dixon Technologies (India) Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Dixon Technologies (India) Limited
Stochastic: The Stochastic K-line for DIXON is now below the D-line and under 20, reflecting a mildly bearish signal. This suggests that the market could see some downside pressure, but the bearish sentiment is not yet dominant. Traders should be aware of this and monitor the situation closely. Stochastic chart for Dixon Technologies (India) Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Dixon Technologies (India) 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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