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Technicals for Honeywell Automation India Limited
By MusingTheNews
2025-07-16 20:37
Overall Technical outlook
Price Summary
2025-07-16, saw HONAUT's stock open at 40710.0, hit a peak of 40955.0, fall to a low of 40380.0, and close lower -0.59% at 40470.0, with 3673 shares changing hands. During the 52-week span, the stock hit a high of 55042.55 and a low of 32649.8. The expected price range is between 33650.0 and 60800.0, with a mean anticipated price of 43891.332, according to 6 analysts.
Technicals
Support and Resistance: The current price is 40470.0, with support at 39024.3 and resistance at 40496.0. This range suggests that the price might move between these levels, with 39024.3 offering support and 40496.0 capping further gains for Honeywell Automation India Limited. Support/Resistance for HONAUT
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for HONAUT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Honeywell Automation India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for HONAUT, 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 Honeywell Automation India Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Honeywell Automation India Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Honeywell Automation India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for HONAUT are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for Honeywell Automation India Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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