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Technicals for Redington Limited
By MusingTheNews
2025-09-04 20:40
Overall Technical outlook
Price Summary
On 2025-09-04, Redington Limited's stock began at 240.9, peaked at 246.73, declined to 238.1, and ended the day 0.66% up at 242.5, with 2470770 shares traded. Over the previous 52 weeks, the stock reached a high of 329.7 and a low of 160.48. According to 4 analysts, the future price is anticipated to vary between 170.0 and 310.0, with an average expected price of around 257.5.
Technicals
Support and Resistance: At 242.5, the price is supported by 238.2 and resisted by 251.11. This indicates that the price for Redington Limited might fluctuate between these levels, with 238.2 acting as a support and 251.11 limiting further upward movement. Support/Resistance for REDINGTON
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Redington Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for REDINGTON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Redington Limited
Parabolic SAR: The PSAR has moved from a bearish to a bullish direction, signaling a potential trend reversal. If this change aligns with other indicators, it could suggest a strong bullish signal. Traders should consider this shift as a possible opportunity, particularly if other market signals support the new direction. Parabolic Stop and Reverse chart for Redington Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Redington Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for REDINGTON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Redington Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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