Stove Kraft Limited (STOVEKRAFT) Stock - Complete Technical Analysis - Sep 13, 2024

Stove Kraft Stock Analysis: Bullish Trends, Key Support & Resistance Levels September 2024 Insigh

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Stove Kraft Limited (STOVEKRAFT) is trading at 871.35, just 1.87% below its 52-week high and 112.78% above its 52-week low. The stock shows strong bullish indicators with a high RSI suggesting overbought conditions, while the MACD confirms bullish momentum. The Commodity Channel Index (CCI) and Awesome Oscillator further support the bullish sentiment.

However, the presence of a Bearish Harami pattern and a Spinning Top on recent charts indicates potential indecision in the market. The Average Directional Index (ADX) suggests a strong trend, but with recent bearish patterns, caution is advised. Support levels are around the 814-760 range, while resistance is near the 880-941 range. Traders should watch for possible corrections or consolidations near these levels.