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Technicals for Route Mobile Limited
By MusingTheNews
2025-05-30 20:54
Overall Technical outlook
Price Summary
Route Mobile Limited's stock, on 2025-05-30 opened at 961.5, climbed to a high of 970.65, dropped to a low of 948.2, and closed up -1.27% at 949.25, with 103251 shares traded. In the 52-week period, the stock's peak price is 1879.55, and the lowest price recorded is 912.4. Future price predictions suggest a range between 1150.0 and 1700.0, with an average expected price of 1537.5, as per 4 analysts.
Technicals
Support and Resistance: The current price for ROUTE is 949.25, supported at 926.75 with resistance at 971.6. This indicates a trading range where 926.75 might prevent further declines, while 971.6 could hinder additional gains. Support/Resistance for ROUTE
Aroon: The current state of the AROON is neutral for ROUTE, 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. Aroon chart for Route Mobile Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Route Mobile Limited
Parabolic SAR: The PSAR continues to be bullish for ROUTE, 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 Route Mobile Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Route Mobile Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for Route Mobile Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall 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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