Overall Technical outlook

Price Summary

On 2025-05-29, Finolex Industries Limited's stock opened at 222.5, reached a high of 222.65, dropped to a low of 217.61, and closed down -1.93% at 218.2, with a trading volume of 1160760 shares.
For the 52-week period, the stock's highest price is 350.3, and the lowest price is 167.49.
The expected price range is between 179.0 and 291.0, with a mean anticipated price of 239.0, according to 15 analysts.

Technicals

Support and Resistance: The price of 218.2 is supported at 207.95 and capped by resistance at 224.74. These levels mark key points for Finolex Industries Limited where the price could find stability, with 207.95 as a floor and 224.74 as a ceiling.
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Support/Resistance for FINPIPE


Aroon: The AROON 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.
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Aroon chart for Finolex Industries Limited


Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Bolinger Bands chart for Finolex Industries Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Finolex Industries Limited


Stochastic: The stochastic indicator shows the K-line dropping below the D-line but staying above 80, indicating the possible start of a bearish price move. This setup may signal that the market's recent momentum is waning, which could result in a downturn. Traders should remain vigilant for additional signs of weakness for Finolex Industries Limited.
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Stochastic chart for Finolex Industries Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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.
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Tripple SMA chart for Finolex 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.