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Technicals for Praj Industries Limited
By MusingTheNews
2025-12-15 20:52
Overall Technical outlook
Price Summary
In today's trading, Praj Industries Limited's stock tumbled by -3.5%, showcasing an unimpressive market day. On 2025-12-10, Praj Industries Limited's stock opened at 313.0, reached 314.05, hit a low of 300.95, and rose -3.5% to close at 302.05, with 616969 shares traded. The stock's highest price in the past 52 weeks is 844.6, while its lowest price during the same period is 301.05. As per recommendations from 7 analysts, PRAJIND's future price is expected to span between 319.0 and 500.0, with a mean price around 399.42856.
Technicals
Aroon: The current reading of the AROON is neutral for PRAJIND, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Praj Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Praj Industries Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for PRAJIND. Parabolic Stop and Reverse chart for Praj Industries Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while remaining below 20, indicating a potential bullish move. This setup is often viewed as a signal that the market might begin to rise from a low point, potentially marking the start of an upward trend. Investors might see this as an early entry opportunity. Stochastic chart for Praj Industries Limited
Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for PRAJIND. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend. Tripple SMA chart for Praj Industries 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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