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Technicals for Procter & Gamble Hygiene and Health Care Limited
By MusingTheNews
2025-05-30 20:52
Overall Technical outlook
Price Summary
In today's trading session, PGHH's shares slumped by -4.12%, marking a lacklustre day. On 2025-05-30, PGHH's stock began at 14167.0, peaked at 14167.0, dipped to 13519.0, and closed up -4.12% at 13584.0, with a volume of 15258 shares. Over the previous 52 weeks, the stock reached a high of 17385.7 and a low of 12789.95.
Technicals
Support and Resistance: The current price for PGHH is 13584.0, supported at 13446.0 with resistance at 14156.75. This indicates a trading range where 13446.0 might prevent further declines, while 14156.75 could hinder additional gains. Support/Resistance for PGHH
Aroon: AROON is pointing to a strong bearish trend, with Aroon Down increasing and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, signaling ongoing bearish momentum. The persistent low level of the Aroon Oscillator indicates further weakness. Aroon chart for Procter & Gamble Hygiene and Health Care Limited
Bol. Bands: The current price for PGHH has sharply declined, crossing below the lower Bollinger Band after moving down from above the middle band. This bearish move, spanning two bands in a single drop, signals strong selling pressure. The rapid descent suggests that the market could be experiencing increased bearish momentum, which traders may interpret as either a continuation of the downtrend or a possible oversold condition. Bolinger Bands chart for Procter & Gamble Hygiene and Health Care Limited
Parabolic SAR: The PSAR remains bearish for Procter & Gamble Hygiene and Health Care Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Procter & Gamble Hygiene and Health Care Limited
Stochastic: The STOCHASTIC is in a neutral stance for PGHH, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Procter & Gamble Hygiene and Health Care Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Procter & Gamble Hygiene and Health Care Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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