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Technicals for The Great Eastern Shipping Company Limited
By MusingTheNews
2025-12-12 20:36
Overall Technical outlook
Price Summary
2025-12-11, saw GESHIP's stock open at 1084.0, hit a peak of 1100.8, fall to a low of 1074.0, and close up 1.09% at 1095.8, with 189136 shares changing hands. The stock's highest value over the last 52 weeks is 1159.0, and the lowest value is 810.7.
Technicals
Support and Resistance: The current price of 1095.8 for GESHIP finds support at 1064.0 and resistance at 1099.6. These levels define a range in which the price might oscillate, with 1064.0 as a potential support and 1099.6 as a resistance level. Support/Resistance for GESHIP
Aroon: The current reading of the AROON 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. Aroon chart for The Great Eastern Shipping Company 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 The Great Eastern Shipping Company Limited
Parabolic SAR: The PSAR maintains a bearish outlook for GESHIP, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for The Great Eastern Shipping Company Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for GESHIP, with no strong trend emerging. Stochastic chart for The Great Eastern Shipping Company Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for GESHIP, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for The Great Eastern Shipping Company Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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