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Technicals for ZF Commercial Vehicle Control Systems India Limited
By MusingTheNews
2025-05-30 21:03
Overall Technical outlook
Price Summary
With a 4.68% surge, ZF Commercial Vehicle Control Systems India Limited enjoyed a impressive day in the stock market. ZF Commercial Vehicle Control Systems India Limited's stock opened at 12770.0 on 2025-05-30, surged to 13424.0, dropped to 12640.0, and ended 4.68% up at 13368.0, with 27085 shares traded. The stock reached its highest price of 17703.9 and its lowest price of 9863.9 during the 52-week period. ZFCVINDIA's future price is expected to lie between 13082.0 and 17255.0, with an average expectation of 14821.4, as per the recommendations of 5 analysts.
Technicals
Support and Resistance: The current price is 13368.0, with support at 13301.0 and resistance at 13301.0. This range suggests that the price might move between these levels, with 13301.0 offering support and 13301.0 capping further gains for ZF Commercial Vehicle Control Systems India Limited. Support/Resistance for ZFCVINDIA
Aroon: The AROON indicator is pointing to a strong bearish trend, with Aroon Down increasing and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, signaling ongoing bearish momentum. The steady low level of the Aroon Oscillator indicates further weakness. Aroon chart for ZF Commercial Vehicle Control Systems India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for ZF Commercial Vehicle Control Systems India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for ZF Commercial Vehicle Control Systems India Limited
Parabolic SAR: The PSAR for ZFCVINDIA continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for ZF Commercial Vehicle Control Systems India Limited
Stochastic: The current state of the STOCHASTIC is neutral for ZFCVINDIA, 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 ZF Commercial Vehicle Control Systems India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for ZFCVINDIA, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for ZF Commercial Vehicle Control Systems India Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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