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Technicals for Honasa Consumer Limited
By MusingTheNews
2025-09-04 20:31
Overall Technical outlook
Price Summary
On 2025-09-03, HONASA's stock began at 298.55, peaked at 304.7, dipped to 297.3, and closed up 1.07% at 301.75, with a volume of 285358 shares. In the last 52 weeks, the stock's top price was 541.75 and the bottom price was 200.89. Based on recommendations from 13 analysts, the future price of HONASA is expected to range from 197.0 to 400.0, with an average price expectation around 288.6154.
Technicals
Support and Resistance: The price currently sits at 301.75, finding support at 289.4 and resistance at 309.7. These levels define a range for Honasa Consumer Limited where the price may move, with 289.4 offering a base and 309.7 limiting upward momentum. Support/Resistance for HONASA
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Honasa Consumer 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 Honasa Consumer Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Honasa Consumer 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 HONASA, with no strong trend emerging. Stochastic chart for Honasa Consumer Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Honasa Consumer Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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