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Technicals for Punjab National Bank
By MusingTheNews
2025-07-16 20:50
Overall Technical outlook
Price Summary
Punjab National Bank's stock opened at 110.83 on 2025-07-15, surged to a high of 113.13, hit a low of 110.75, and closed up 1.27% at 112.24, with 20903324 shares traded. The stock's highest value over the last 52 weeks is 127.0, and the lowest value is 86.9. According to 17 analysts, the future price is anticipated to vary between 85.0 and 126.0, with an average expected price of around 111.0.
Technicals
Support and Resistance: With the current price at 112.24, support is found at 110.18 and resistance at 113.85. These levels indicate where buyers might step in at 110.18, while sellers could limit gains at 113.85, defining a trading boundary for Punjab National Bank. Support/Resistance for PNB
Aroon: The AROON 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. Aroon chart for Punjab National Bank
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 Punjab National Bank
Parabolic SAR: The PSAR for PNB maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Punjab National Bank
Stochastic: The STOCHASTIC is in a neutral stance for PNB, 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 Punjab National Bank
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for PNB, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Punjab National Bank
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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