CEATLTD - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical List📊 Technical Analysis for CEATLTD
Technical Rating: 3.1
📉 Trend Overview
Current Price: ₹3,353
52W High/Low: ₹4,049 / ₹2,322
Trend Status: Reversing to Consolidation The stock has pulled back ~17% from its 52-week high and is hovering near key support zones. Price action suggests a potential base formation.
📈 Chart Patterns & Indicators
RSI (34.7): Near oversold zone, indicating weak momentum but potential for a short-term bounce.
MACD (-80.9): Bearish crossover, confirming downward momentum.
Bollinger Bands: Price is near the lower band, suggesting volatility compression and possible reversal setup.
Volume Trends: Current volume (82.9K) is significantly below 1-week average (2.3L), showing reduced participation and indecision.
📉 Moving Averages
Moving Average Value (₹) Signal
50 DMA 3,588 Bearish (Price below)
200 DMA 3,222 Bullish (Price above)
The price is sandwiched between the 50 and 200 DMA, indicating consolidation with a slight bullish undertone from the long-term average.
📌 Support & Resistance Zones
Support Levels: ₹3,220 (200 DMA), ₹3,000 (psychological), ₹2,880 (recent swing low)
Resistance Levels: ₹3,588 (50 DMA), ₹3,750 (recent breakdown), ₹3,900 (trendline resistance)
🎯 Entry & Exit Strategy
Optimal Entry Zone: ₹3,220–₹3,300 (if RSI stabilizes and volume improves)
Exit Zone: ₹3,580–₹3,750 (near resistance and 50 DMA)
Stop Loss: ₹3,180 (below 200 DMA)
⚠️ Momentum Signals
Short-Term: Weak momentum, possible bounce if RSI rebounds and volume picks up
Medium-Term: Neutral to mildly bullish if price holds above 200 DMA
🧠 Summary
CEATLTD is currently in a consolidation phase, with technical indicators showing mixed signals. While short-term momentum is weak, the stock is holding above its 200 DMA, which could act as a base for recovery. Traders may consider accumulating near ₹3,220 with tight risk controls and watch for a breakout above ₹3,588 for confirmation.
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