Overall Technical outlook

Price Summary

In today's trading, Engineers India Limited's stock increased by 2.32%, showcasing an phenomenal market day.
2025-05-29, saw ENGINERSIN's stock open at 212.43, hit a peak of 222.1, fall to a low of 204.66, and close higher 2.32% at 217.36, with 13006781 shares changing hands.
For the 52-week period, the stock's highest price is 290.25, and the lowest price is 146.85.
6 analysts predict that the future price of ENGINERSIN will be in the range of 190.0 to 242.0, with a mean expected price of about 216.66667.

Technicals


Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation.
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Aroon chart for Engineers India Limited


Bol. Bands: The current price for Engineers India Limited has recently crossed over the upper Bollinger Band, signaling a bullish breakout. This upward movement suggests that the market is experiencing strong buying interest, driving the price higher than expected. Traders may see this as an indication of increased momentum, potentially leading to continued gains.
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Bolinger Bands chart for Engineers India Limited


Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for ENGINERSIN. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Engineers 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 Engineers India Limited.
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Stochastic chart for Engineers India Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move.
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Tripple SMA chart for Engineers India 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.