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Technicals for The Great Eastern Shipping Company Limited
By MusingTheNews
2025-05-30 20:36
Overall Technical outlook
Price Summary
The Great Eastern Shipping Company Limited's stock opened at 942.25 on 2025-05-29, surged to 957.0, dropped to 933.3, and ended -0.57% down at 936.9, with 356993 shares traded. Over the course of 52 weeks, the stock peaked at 1454.05 and hit a low of 810.7.
Technicals
Support and Resistance: The price of 936.9 is supported at 896.7 and faces resistance at 950.7. This range suggests key levels for GESHIP where the price may stabilize, with 896.7 acting as a support and 950.7 as a cap on gains. Support/Resistance for GESHIP
Aroon: The AROON 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. Aroon chart for The Great Eastern Shipping Company Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for The Great Eastern Shipping Company Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for The Great Eastern Shipping Company Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for The Great Eastern Shipping Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for The Great Eastern Shipping Company Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for The Great Eastern Shipping Company Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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