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Technicals for REC Limited
By MusingTheNews
2026-02-03 20:53
Overall Technical outlook
Price Summary
REC Limited's stock began trading at 376.0 on 2026-02-03, soared to 379.0, dipped to 368.1, and finished the day -0.93% lower at 372.5, with 10439946 shares exchanged. The stock's highest price over the 52-week span is 444.45, while the lowest price is 333.95. Based on recommendations from 13 analysts, the future price of RECLTD is expected to range from 345.0 to 525.0, with an average price expectation around 475.0.
Technicals
Support and Resistance: At 372.5, the price is supported at 367.4 and faces resistance at 378.05. This range suggests that the price for RECLTD might stay between these levels, with 367.4 acting as a floor and 378.05 as a ceiling. Support/Resistance for RECLTD
Aroon: The AROON is in a neutral stance for RECLTD, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for REC Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for REC Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for REC Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for REC Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for REC Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for RECLTD. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for REC Limited
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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