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Technicals for The Jammu and Kashmir Bank Limited
By MusingTheNews
2025-07-17 20:42
Overall Technical outlook
Price Summary
The stock of J&KBANK skyrocketed 2.57% today, reflecting a phenomenal market performance. On 2025-07-16, The Jammu and Kashmir Bank Limited's shares started at 112.6, peaked at 116.29, bottomed out at 112.26, and ended 2.57% up at 115.49, with 7523610 shares traded. The peak price for the stock in the past 52 weeks is 116.96, with the lowest price being 88.47.
Technicals
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for The Jammu and Kashmir Bank Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for The Jammu and Kashmir Bank Limited
Parabolic SAR: The PSAR for J&KBANK remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for The Jammu and Kashmir Bank Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for The Jammu and Kashmir Bank Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for J&KBANK 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 The Jammu and Kashmir Bank 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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