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Technicals for JBM Auto Limited
By MusingTheNews
2025-05-30 20:42
Overall Technical outlook
Price Summary
JBM Auto Limited's stock opened at 723.8 on 2025-05-30, surged to a high of 736.3, hit a low of 713.3, and closed up -0.92% at 717.15, with 452921 shares traded. Over the course of 52 weeks, the stock peaked at 2286.7 and hit a low of 493.15.
Technicals
Support and Resistance: At 717.15, the price is held up by support at 701.97 and faces resistance at 763.75 for JBMA. This suggests a trading range where 701.97 provides a base and 763.75 limits upward movement. Support/Resistance for JBMA
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 JBM Auto Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for JBMA, 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 JBM Auto Limited
Parabolic SAR: The PSAR has just turned from bullish to bearish for JBM Auto Limited, hinting at a possible market downturn. If this move is corroborated by other indicators, it could signal a strong bearish trend. Investors should be cautious and wait for additional confirmation before making decisions. Parabolic Stop and Reverse chart for JBM Auto Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for JBMA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for JBM Auto Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for JBM Auto Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for JBM Auto 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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