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Technicals for Finolex Industries Limited
By MusingTheNews
2025-09-04 20:28
Overall Technical outlook
Price Summary
On 2025-09-03, FINPIPE's stock started at 217.77, reached a high of 221.0, fell to 215.89, and ended 0.13% up at 218.05, with 919090 shares traded. The stock's highest price in the past 52 weeks is 326.05, while its lowest price during the same period is 167.49. The price outlook for FINPIPE is between 180.0 and 283.0, with an average expectation of 232.8, as estimated by 15 analysts.
Technicals
Support and Resistance: The price of 218.05 is supported at 213.35 and encounters resistance at 224.74. This suggests key levels where the price might find stability, with 213.35 providing a base and 224.74 acting as an upper boundary for FINPIPE. Support/Resistance for FINPIPE
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong upward momentum for FINPIPE, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the direction. Aroon chart for Finolex Industries Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Finolex Industries Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for FINPIPE. Parabolic Stop and Reverse chart for Finolex Industries Limited
Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for FINPIPE. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth. Stochastic chart for Finolex Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Finolex Industries Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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