Overall Technical outlook

Price Summary

With a -2.09% crash, Finolex Cables Limited enjoyed a awful day in the stock market.
2025-05-29, saw FINCABLES's stock open at 978.75, hit a peak of 984.0, fall to a low of 955.0, and close lower -2.09% at 958.25, with 447689 shares changing hands.
Over the previous 52 weeks, the stock reached a high of 1666.5 and a low of 785.15.
Analysts predict that the future price will fluctuate between 1135.0 and 1577.0, with the mean expected price being approximately 1326.875.

Technicals

Support and Resistance: The current price of 958.25 is supported at 928.6, with resistance at 990.45. This suggests that the price for FINCABLES might remain between these levels, where 928.6 acts as a floor and 990.45 as a ceiling in the market.
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Support/Resistance for FINCABLES


Aroon: The current reading of the AROON 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.
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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.
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Bolinger Bands chart for Finolex Cables Limited


Parabolic SAR: The PSAR for FINCABLES maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Finolex Cables Limited


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Stochastic chart for Finolex Cables Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Tripple SMA chart for Finolex Cables Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.