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Technicals for Ircon International Limited
By MusingTheNews
2025-09-04 20:32
Overall Technical outlook
Price Summary
Ircon International Limited had a lacklustre day at the stock market, and its shares tumbled -3.8%. On 2025-09-04, Ircon International Limited's stock opened at 173.3, peaked at 173.7, hit a low of 166.0, and closed -3.8% down at 166.71, with 2595239 shares changing hands. In the 52-week period, the stock's peak price is 252.5, and the lowest price recorded is 138.17. The price outlook for IRCON is between 143.0 and 180.0, with an average expectation of 158.33333, as estimated by 3 analysts.
Technicals
Support and Resistance: At 166.71, the price is supported by 163.94 and resisted by 175.11. This indicates that the price for Ircon International Limited might fluctuate between these levels, with 163.94 acting as a support and 175.11 limiting further upward movement. Support/Resistance for IRCON
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 Ircon International Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Ircon International 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 Ircon International Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Ircon International Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bullish manner for IRCON, but the weakening slopes of the 20 and 50 SMAs suggest that this trend might not last. The loss of momentum in these short-term averages could be a signal that the market is nearing a turning point, with a bearish reversal in price action potentially occurring soon. Tripple SMA chart for Ircon International Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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