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Technicals for PNB Housing Finance Limited
By MusingTheNews
2025-05-30 20:50
Overall Technical outlook
Price Summary
On 2025-05-30, PNB Housing Finance Limited's stock began at 1045.0, peaked at 1049.4, bottomed at 1033.0, and closed -0.01% lower at 1044.9, with a volume of 426677 shares. The peak price for the stock in the past 52 weeks is 1137.05, with the lowest price being 671.95. 11 analysts forecast that the price of PNBHOUSING will range from 1025.0 to 1350.0, with an average expected price near 1203.0.
Technicals
Support and Resistance: The price of 1044.9 is supported at 1031.1 and capped by resistance at 1092.2. These levels mark key points for PNB Housing Finance Limited where the price could find stability, with 1031.1 as a floor and 1092.2 as a ceiling. Support/Resistance for PNBHOUSING
Aroon: The current state of the AROON is neutral for PNBHOUSING, 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 PNB Housing Finance Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for PNB Housing Finance Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for PNBHOUSING. Parabolic Stop and Reverse chart for PNB Housing Finance Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for PNB Housing Finance Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, 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 shows signs of weakening for PNBHOUSING. Tripple SMA chart for PNB Housing Finance 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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