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Candour Techtex Ltd.

CANDOUR.BO•BSE
Industrials
Manufacturing - Textiles
₹119.45
₹-11.85(-9.03%)
Indian Market opens in 11h 4m

Candour Techtex Ltd. (CANDOUR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Candour Techtex Ltd. (BSE:CANDOUR.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CANDOUR.BO Technical Analysis Summary

Candour Techtex Ltd. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 28.58)
Trend Strength:Moderate (ADX: 25.64)
Volatility:High (ATR: 6.82)
Support/Resistance:$128.09 – $147.50 (Bollinger Bands)

Overall, Candour Techtex Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 28.58

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 43.13

Neutral
Mid-range signal with no clear trend.

Williams %R: -62.22

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -9.59

Strongly Bearish
Sharp downside momentum.

Takeaway:Candour Techtex Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -4.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.64

Moderate
Moderate trend, direction gaining strength.

ATR (14): 6.82

High
High volatility, wide price fluctuations.

CCI (14): -108.55

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Candour Techtex Ltd. shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$147.50
Middle Band (SMA 20)
$137.80
Lower Band
$128.09
Current Position
Below Lower Band

Takeaway:Candour Techtex Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$150.44
Middle Line (EMA 20)
$136.81
Lower Channel
$123.17
Squeeze Status
Squeeze On

Takeaway:Candour Techtex Ltd. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-703.70K
Money Flow Index19.75Bullish, oversold conditions signal rebound potential.
Relative Vigor Index36.66Bearish, price momentum favors sellers.

Overall Takeaway:CANDOUR.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Candour Techtex Ltd., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Candour Techtex Ltd. shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

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