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Technicals for Home First Finance Company India Limited
By MusingTheNews
2025-05-30 20:38
Overall Technical outlook
Price Summary
2025-05-29, saw HOMEFIRST's stock open at 1182.0, hit a peak of 1204.4, fall to a low of 1170.7, and close up 1.46% at 1199.2, with 235266 shares changing hands. During the 52-week span, the stock hit a high of 1340.75 and a low of 811.25. The future price of HOMEFIRST is projected to range from 864.0 to 1500.0, with an average expected price of 1330.5625, according to 16 analysts.
Technicals
Support and Resistance: The price of 1199.2 is supported at 1153.9 and encounters resistance at 1301.1. This suggests key levels where the price might find stability, with 1153.9 providing a base and 1301.1 acting as an upper boundary for HOMEFIRST. Support/Resistance for HOMEFIRST
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Home First Finance Company India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for HOMEFIRST, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Home First Finance Company India 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 Home First Finance Company India Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Home First Finance Company India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Home First Finance Company India Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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