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Technicals for Raymond Limited
By MusingTheNews
2025-09-04 20:40
Overall Technical outlook
Price Summary
Raymond Limited's stock saw a -2.29% tumble, showcasing an lousy market day. On 2025-09-04, RAYMOND's stock opened at 625.0, reached a peak of 642.2, dropped to 605.8, and ended -2.29% lower at 610.7, with a volume of 317343 shares. The stock's highest price over the 52-week span is 2023.15, while the lowest price is 551.2.
Technicals
Support and Resistance: At 610.7, the price is supported at 592.95 and faces resistance at 689.2. This range suggests that the price for RAYMOND might stay between these levels, with 592.95 acting as a floor and 689.2 as a ceiling. Support/Resistance for RAYMOND
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Raymond Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Raymond Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for RAYMOND. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Raymond Limited
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling the likely start of a bullish move. This setup suggests that the market may be beginning to rise from a low level, potentially leading to an uptrend. Traders might interpret this as a positive entry signal. Stochastic chart for Raymond Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Raymond Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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