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Technicals for Finolex Cables Limited
By MusingTheNews
2025-09-05 20:29
Overall Technical outlook
Price Summary
2025-09-05, saw FINCABLES's stock open at 843.0, hit a peak of 856.5, fall to a low of 838.55, and close higher 0.41% at 846.45, with 116439 shares changing hands. The highest price the stock achieved in the past 52 weeks is 1526.65, while the lowest price it saw is 785.15. Analysts predict that the future price will fluctuate between 1150.0 and 1293.0, with the mean expected price being approximately 1215.2858.
Technicals
Support and Resistance: The current price of 846.45 for FINCABLES finds support at 839.0 and resistance at 895.05. These levels define a range in which the price might oscillate, with 839.0 as a potential support and 895.05 as a resistance level. Support/Resistance for FINCABLES
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Finolex Cables Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Finolex Cables Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for FINCABLES. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Finolex Cables Limited
Parabolic SAR: The PSAR for FINCABLES remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Finolex Cables Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Finolex Cables Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for FINCABLES, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent. Tripple SMA chart for Finolex Cables Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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