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Technicals for Finolex Cables Limited
By MusingTheNews
2025-07-16 20:33
Overall Technical outlook
Price Summary
On 2025-07-16, Finolex Cables Limited's stock opened at 949.8, peaked at 964.8, hit a low of 944.85, and closed 0.96% up at 958.95, with 190423 shares changing hands. During the past 52 weeks, the highest stock price was 1580.75, and the lowest was 785.15. As per recommendations from 7 analysts, FINCABLES's future price is expected to span between 1161.0 and 1293.0, with a mean price around 1227.4286.
Technicals
Support and Resistance: At 958.95, the price is held up by support at 928.6 and faces resistance at 962.0 for FINCABLES. This suggests a trading range where 928.6 provides a base and 962.0 limits upward movement. Support/Resistance for FINCABLES
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Finolex Cables 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 Finolex Cables Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for FINCABLES. Parabolic Stop and Reverse chart for Finolex Cables Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Finolex Cables Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Finolex Cables 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. Tripple SMA chart for Finolex Cables Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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