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Technicals for HFCL Limited
By MusingTheNews
2025-05-30 20:37
Overall Technical outlook
Price Summary
On 2025-05-29, HFCL Limited's stock opened at 87.71, reached a high of 88.96, dropped to a low of 87.18, and closed higher 0.82% at 88.43, with a trading volume of 8113995 shares. The stock's highest value over the last 52 weeks is 161.81, and the lowest value is 74.14.
Technicals
Support and Resistance: The price currently sits at 88.43, finding support at 83.58 and resistance at 93.07. These levels define a range for HFCL Limited where the price may move, with 83.58 offering a base and 93.07 limiting upward momentum. Support/Resistance for HFCL
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for HFCL 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. Bolinger Bands chart for HFCL Limited
Parabolic SAR: The PSAR for HFCL remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for HFCL 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 HFCL, with no strong trend emerging. Stochastic chart for HFCL Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for HFCL Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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