KEC International Limited (KEC) Stock - Complete Technical Analysis - Sep 19, 2024

KEC International (KEC) Stock Analysis Support, Resistance & Market Trends September 2024

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. KEC International Limited (KEC) is currently trading at 986.15, which is 5.18% below its 52-week high of 1040.00 and 79.28% above its 52-week low of 550.05.

The technical indicators reveal a mixed picture. The ADX suggests a strong trend, while the RSI is in the bullish zone, indicating potential for further gains. However, the presence of bearish reversal patterns, including Dark Cloud Cover and Evening Star, highlights the possibility of a short-term pullback.

Resistance levels to watch are around 1020 and 1040, while key support levels are near 970 and 930. The stocks recent movement reflects high volatility, as indicated by the ATR, so traders should be cautious of sharp price swings. Observing these levels will help in making informed trading decisions.