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Technicals for Housing and Urban Development Corporation Limited
By MusingTheNews
2025-07-16 20:37
Overall Technical outlook
Price Summary
On 2025-07-16, Housing and Urban Development Corporation Limited's stock began at 233.35, peaked at 233.75, bottomed at 231.25, and closed -0.33% down at 232.57, with a volume of 1418169 shares. During the 52-week span, the stock hit a high of 323.6 and a low of 165.14.
Technicals
Support and Resistance: The price sits at 232.57, supported by 217.4 and resisted by 234.52. This indicates a trading range where 217.4 provides a floor, preventing declines, and 234.52 acts as a ceiling, limiting further price increases for HUDCO. Support/Resistance for HUDCO
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Housing and Urban Development Corporation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for HUDCO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Housing and Urban Development Corporation Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for HUDCO. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Housing and Urban Development Corporation 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 Housing and Urban Development Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Housing and Urban Development Corporation Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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