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Technicals for R R Kabel Limited
By MusingTheNews
2025-05-30 20:52
Overall Technical outlook
Price Summary
The stock of R R Kabel Limited experienced a 8.76% boost, showcasing a fantastic market performance. On 2025-05-30, R R Kabel Limited's stock began at 1310.9, peaked at 1450.0, bottomed at 1308.0, and closed 8.76% higher at 1425.7, with a volume of 1801606 shares. The stock's peak price over the last 52 weeks is 1830.25, with the lowest being 858.95. The price projection is between 1260.0 and 1600.0, with an average expected price around 1442.1428, according to 7 analysts.
Technicals
Support and Resistance: At 1425.7, the price is supported by 1372.7 and resisted by 1439.65. This indicates that the price for R R Kabel Limited might fluctuate between these levels, with 1372.7 acting as a support and 1439.65 limiting further upward movement. Support/Resistance for RRKABEL
Aroon: AROON is currently showing a bullish trend, with the Aroon Up moving higher and the Aroon Oscillator remaining at a high level. This suggests that the price is likely to continue its upward trajectory. The steady high reading of the Aroon Oscillator indicates that the bullish momentum in the market is expected to persist. Aroon chart for R R Kabel Limited
Bol. Bands: In its latest move, the current price has crossed above the upper Bollinger Band, indicating a bullish signal. This breakout suggests that buying interest is driving the price higher than expected, which could lead to further gains. Traders may interpret this as a sign of strengthening momentum in the market. Bolinger Bands chart for R R Kabel Limited
Parabolic SAR: The PSAR continues to be bullish for RRKABEL, 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 R R Kabel Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for R R Kabel Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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 RRKABEL, with no strong trend emerging. Tripple SMA chart for R R Kabel 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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