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Technicals for Fine Organic Industries Limited
By MusingTheNews
2025-05-30 20:34
Overall Technical outlook
Price Summary
On 2025-05-29, Fine Organic Industries Limited's stock began at 4719.9, peaked at 4726.2, declined to 4653.0, and ended the day -0.52% lower at 4695.4, with 9925 shares traded. The peak price for the stock in the past 52 weeks is 5872.65, with the lowest price being 3503.15. The price projection is between 3660.0 and 5500.0, with an average expected price around 4622.7, according to 10 analysts.
Technicals
Support and Resistance: At 4695.4, the price is held up by support at 4572.4 and faces resistance at 5197.9 for FINEORG. This suggests a trading range where 4572.4 provides a base and 5197.9 limits upward movement. Support/Resistance for FINEORG
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Fine Organic Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Fine Organic Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for FINEORG, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Fine Organic Industries Limited
Parabolic SAR: The PSAR for FINEORG continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Fine Organic Industries Limited
Stochastic: The stochastic indicator is currently bullish, with the K-line exceeding both the D-line and the 80 level. This configuration indicates robust upward momentum, suggesting that the market may experience further gains. Investors may interpret this as a positive signal for continued upward movement. Stochastic chart for Fine Organic Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for FINEORG. Tripple SMA chart for Fine Organic Industries Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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