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Technicals for Laxmi Organic Industries Limited
By MusingTheNews
2025-05-30 20:45
Overall Technical outlook
Price Summary
Laxmi Organic Industries Limited's stock opened at 205.35 on 2025-05-30, surged to a high of 206.23, hit a low of 201.0, and closed up -0.66% at 204.0, with 1728950 shares traded. During the past 52 weeks, the highest stock price was 318.85, and the lowest was 165.92. The price outlook for LXCHEM is between 172.0 and 247.0, with an average expectation of 205.0, as estimated by 4 analysts.
Technicals
Support and Resistance: The price of 204.0 is supported at 200.53 and faces resistance at 213.01. This range suggests key levels for LXCHEM where the price may stabilize, with 200.53 acting as a support and 213.01 as a cap on gains. Support/Resistance for LXCHEM
Aroon: Aroon's bullish trend continues, with Aroon Up remaining at the 100 level. This indicates sustained bullish momentum, but to fully understand the trend's implications, it should be analyzed alongside other indicators. A more comprehensive assessment will provide a clearer picture of the direction. Aroon chart for Laxmi Organic Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Laxmi Organic Industries Limited
Parabolic SAR: The PSAR for LXCHEM maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Laxmi Organic Industries Limited
Stochastic: The stochastic indicator reflects bullish conditions, with the K-line above both the D-line and the 80 mark. This setup suggests that the market has strong upward momentum, likely leading to further gains. Traders may consider this a signal of continued strength in the market. Stochastic chart for Laxmi Organic Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Laxmi Organic Industries 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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