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Technicals for REC Limited
By MusingTheNews
2025-05-30 20:52
Overall Technical outlook
Price Summary
REC Limited's stock began trading at 407.95 on 2025-05-30, soared to 410.65, dipped to 400.9, and finished the day -1.38% lower at 402.3, with 8821896 shares exchanged. Over the past year, the stock's highest price was 645.8, and its lowest was 360.3. According to 12 analysts, the future price is anticipated to vary between 525.0 and 700.0, with an average expected price of around 583.75.
Technicals
Support and Resistance: At 402.3, the price is supported by 389.1 and resisted by 419.65. This indicates that the price for REC Limited might fluctuate between these levels, with 389.1 acting as a support and 419.65 limiting further upward movement. Support/Resistance for RECLTD
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for REC Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RECLTD, with no strong trend emerging. Bolinger Bands chart for REC Limited
Parabolic SAR: The PSAR continues to be bullish for RECLTD, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for REC Limited
Stochastic: The current state of the STOCHASTIC is neutral for RECLTD, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. 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
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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