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Technicals for JK Paper Limited
By MusingTheNews
2025-05-30 20:42
Overall Technical outlook
Price Summary
On 2025-05-30, JKPAPER's stock started at 368.1, reached a high of 370.0, fell to 363.5, and ended -0.56% down at 366.05, with 189232 shares traded. In the past year, the highest stock price was 633.75, and the lowest was 285.05. 4 analysts forecast that the price of JKPAPER will range from 392.0 to 574.0, with an average expected price near 462.5.
Technicals
Support and Resistance: The price for JKPAPER at 366.05 finds support at 362.9 and resistance at 395.45. This suggests a trading range, where 362.9 serves as a support level and 395.45 acts as a resistance point, potentially capping further gains. Support/Resistance for JKPAPER
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 JK Paper Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for JKPAPER, 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 JK Paper Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for JK Paper Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, hinting at the potential beginning of a bearish price move for JKPAPER. This setup could signal that the market's recent strength is weakening, possibly leading to a downturn. Traders should watch for further evidence of a bearish trend. Stochastic chart for JK Paper Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for JK Paper Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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