Overall Technical outlook

Price Summary

Shree Cement Limited's stock opened at 29950.0 on 2025-05-30, surged to 30075.0, hit a low of 29480.0, and closed up -1.19% at 29595.0, with 65782 shares traded.
The stock's peak price over the last 52 weeks is 31615.0, with the lowest being 23935.05.
According to 39 analysts, the price of SHREECEM in the future is projected to be between 18000.0 and 34000.0, with an average expected price of 27755.05.

Technicals

Support and Resistance: The current price is 29595.0, with support at 29335.0 and resistance at 30502.95. This range suggests that the price might move between these levels, with 29335.0 offering support and 30502.95 capping further gains for Shree Cement Limited.
SHREECEM supportResistance e09e61
Support/Resistance for SHREECEM


Aroon: The AROON indicator reflects a strong bearish trend for SHREECEM, with Aroon Down moving higher and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum. The steady low reading of the Aroon Oscillator suggests that the price may face further declines.
SHREECEM aroon e09e61
Aroon chart for Shree Cement Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for SHREECEM. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
SHREECEM bbands e09e61
Bolinger Bands chart for Shree Cement Limited


Parabolic SAR: The PSAR maintains a bearish outlook for SHREECEM, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.
SHREECEM psar e09e61
Parabolic Stop and Reverse chart for Shree Cement Limited


Stochastic: The Stochastic K-line has fallen below the D-line and remains under the 20 mark, indicating a mildly bearish signal. This suggests that the market may experience some downward pressure, but the overall bearish sentiment is not yet strong. Investors should be cautious, watching for further developments that could confirm this trend.
SHREECEM stoch e09e61
Stochastic chart for Shree Cement Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
SHREECEM trippleSMA e09e61
Tripple SMA chart for Shree Cement Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.