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Technicals for Finolex Cables Limited
By MusingTheNews
2025-12-15 20:34
Overall Technical outlook
Price Summary
In today's trading session, FINCABLES's shares climbed by 2.45%, marking a robust day. On 2025-12-15, Finolex Cables Limited's stock began at 740.15, climbed to 760.0, dropped to 735.1, and had 2.45% to end at 758.25, with a volume of 138189 shares. The highest price the stock achieved in the past 52 weeks is 1270.1, while the lowest price it saw is 717.2. FINCABLES's future price is expected to lie between 988.0 and 1250.0, with an average expectation of 1095.875, as per the recommendations of 8 analysts.
Technicals
Support and Resistance: The price currently sits at 758.25, finding support at 726.45 and resistance at 785.65. These levels define a range for Finolex Cables Limited where the price may move, with 726.45 offering a base and 785.65 limiting upward momentum. Support/Resistance for FINCABLES
Aroon: The current state of the AROON 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. Aroon chart for Finolex Cables Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Finolex Cables Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Finolex Cables Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Finolex Cables Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Finolex Cables 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.
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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