Antony Waste Handling Cell Limited (AWHCL) Stock - Complete Technical Analysis - Sep 13, 2024

Antony Waste Handling Cell Stock Analysis Support, Resistance & Technical Indicators Breakdown

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. Antony Waste Handling Cell Limited (AWHCL) is currently trading at 708, a significant decline from its 52-week high of 902. The stock has experienced a strong rebound from its 52-week low of 313. Technical indicators show mixed signals for AWHCL. The ADX suggests a weak trend, while the RSI indicates that the stock is in a neutral zone, reflecting balanced buying and selling pressure. The MACD is currently negative, suggesting a bearish momentum that could persist if the stock does not reverse its course soon. Momentum indicators, including the Stochastic and Commodity Channel Index, point towards oversold conditions, which might imply potential for a price reversal. The Awesome Oscillator and Williams Percent Range also support this bearish view, indicating that the current price action might be influenced by selling pressure. The stock is trading just below its short-term moving averages, which could act as resistance if the price attempts to rise. Key support is likely around the 692 level, with resistance near the 743-800 range. Traders should watch for any signs of bullish reversal or increased volume to confirm a potential trend change.