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Technicals for Punjab National Bank
By MusingTheNews
2025-12-15 20:52
Overall Technical outlook
Price Summary
Punjab National Bank's stock started the year at 118.24, climbed to a high of 119.2, fell to 116.6, and closed -0.91% lower at 117.16, with 12265422 shares traded on 2025-12-10. In the last 52 weeks, the stock's top price was 125.35 and the bottom price was 86.9. According to 19 analysts, the future price is anticipated to vary between 90.0 and 136.0, with an average expected price of around 120.94737.
Technicals
Support and Resistance: The price is currently at 117.16, supported by 113.85 and resisted by 117.24. This indicates a range where 113.85 may provide a base for the price, while 117.24 serves as a cap on further upward movement for PNB. Support/Resistance for PNB
Aroon: The current state of the AROON 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. Aroon chart for Punjab National Bank
Bol. Bands: The BOLL BANDS is currently in a neutral position for Punjab National Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Punjab National Bank
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Punjab National Bank
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Punjab National Bank, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for Punjab National Bank
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Punjab National Bank
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.
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