A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for National Aluminium Company Limited
By MusingTheNews
2025-07-16 20:47
Overall Technical outlook
Price Summary
On 2025-07-15, National Aluminium Company Limited's stock began at 189.51, climbed to 191.22, dropped to 188.46, and had 0.51% to end at 190.48, with a volume of 2992870 shares. Over the past year, the stock's highest price was 256.85, and its lowest was 143.22. The future price of NATIONALUM is projected to range from 190.0 to 265.0, with an average expected price of 219.88889, according to 9 analysts.
Technicals
Support and Resistance: The price of 190.48 is supported at 189.53 and faces resistance at 203.2. This range suggests key levels for NATIONALUM where the price may stabilize, with 189.53 acting as a support and 203.2 as a cap on gains. Support/Resistance for NATIONALUM
Aroon: The AROON is in a neutral stance for NATIONALUM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for National Aluminium Company Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for National Aluminium Company Limited
Parabolic SAR: The PSAR continues its bearish trend for National Aluminium Company Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for National Aluminium Company Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for National Aluminium Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for National Aluminium Company Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for National Aluminium Company Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.