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Technicals for JM Financial Limited
By MusingTheNews
2025-07-16 20:40
Overall Technical outlook
Price Summary
On 2025-07-16, JM Financial Limited's stock began at 171.43, climbed to 172.75, dropped to 169.0, and had -0.37% to end at 170.79, with a volume of 3274897 shares. During the past 52 weeks, the highest stock price was 172.18, and the lowest was 84.06.
Technicals
Support and Resistance: The current price of 170.79 for JMFINANCIL is supported at 170.67 and faces resistance at 170.67. These levels indicate that 170.67 could act as a floor, while 170.67 might limit any further price increases. Support/Resistance for JMFINANCIL
Aroon: The current state of the AROON is neutral for JMFINANCIL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for JM Financial Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for JMFINANCIL, 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 JM Financial 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 JM Financial Limited
Stochastic: The stochastic indicator for JMFINANCIL shows a bullish signal, with the K-line positioned above the D-line and also above the 80 mark. This suggests strong upward momentum, indicating that the market may continue to trend higher. Traders might view this as a sign of continued strength and potential buying opportunities. Stochastic chart for JM Financial Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for JMFINANCIL is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for JM Financial Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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