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Technicals for IRB Infrastructure Developers Limited
By MusingTheNews
2025-05-30 20:39
Overall Technical outlook
Price Summary
On 2025-05-30, IRB Infrastructure Developers Limited's stock began at 51.44, peaked at 51.7, bottomed at 50.36, and closed -0.33% lower at 51.27, with a volume of 10685748 shares. In the 52-week period, the stock's peak price is 76.85, and the lowest price recorded is 42.57. 6 analysts suggest that IRB's future price will lie between 50.0 and 81.0, with an average expected price of roughly 63.16667.
Technicals
Support and Resistance: The current price of 51.27 for IRB finds support at 49.82 and resistance at 51.78. These levels define a range in which the price might oscillate, with 49.82 as a potential support and 51.78 as a resistance level. Support/Resistance for IRB
Aroon: The AROON 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. Aroon chart for IRB Infrastructure Developers Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for IRB Infrastructure Developers Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for IRB. Parabolic Stop and Reverse chart for IRB Infrastructure Developers Limited
Stochastic: The stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals. Stochastic chart for IRB Infrastructure Developers Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for IRB Infrastructure Developers 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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