Home › PSX Stocks › GEMNETS
Nets International Communication Limited (GEMNETS) Technical Analysis on PSX
As of 04-Nov 03:31 PM, Nets International Communication Limited (GEMNETS), listed in the Gem Board- Technology & Communication sector, traded at PKR 22.04 on the Pakistan Stock Exchange. The short-term trend is neutral (sideways) with weak strength and the long-term trend is neutral (sideways). The nearest short-term support zone is PKR 19.99 – 21.50 and the nearest short-term resistance zone is PKR 26.40 – 27.91.
GEMNETS key levels and trend
| Sector | Gem Board- Technology & Communication |
|---|---|
| Last price (PKR) | 22.04 |
| Short-term trend | neutral (sideways), weak strength |
| Long-term trend | neutral (sideways) |
| Short-term support zone (PKR) | 19.99 – 21.50 |
| Short-term resistance zone (PKR) | 26.40 – 27.91 |
| Long-term support zone (PKR) | 20.21 – 21.50 |
| Long-term resistance zone (PKR) | 30.99 – 32.28 |
| Distance to nearest support | 2.5% |
| Distance to nearest resistance | 19.8% |
| Data as of | 04-Nov 03:31 PM |
Levels are calculated by FoxLogica's analyzer from PSX price history and refreshed after each trading day. They are zones, not exact prices, and can change quickly.
How to read support and resistance
Support is a price area where a stock has often stopped falling because buyers stepped in. Resistance is an area where rises have often stalled because sellers appeared. When price is close to support, the stock is near the lower edge of its recent range; close to resistance, near the upper edge. A move beyond either zone can signal a breakout or a breakdown, but many such moves fail, so traders usually combine levels with volume and a plan for limiting losses.
Frequently asked questions about GEMNETS
What is the current support level for GEMNETS?
FoxLogica's analyzer shows a short-term support zone of PKR 19.99 – 21.50 and a longer-term support zone of PKR 20.21 – 21.50 for GEMNETS, as of 04-Nov 03:31 PM. Support is a price area where buying interest has tended to slow declines.
What is the current resistance level for GEMNETS?
The short-term resistance zone is PKR 26.40 – 27.91 and the longer-term resistance zone is PKR 30.99 – 32.28, as of 04-Nov 03:31 PM. Resistance is a price area where selling pressure has tended to stop rises.
Is GEMNETS in an uptrend or a downtrend?
As of 04-Nov 03:31 PM, the short-term trend for GEMNETS is neutral (sideways) (weak strength) and the long-term trend is neutral (sideways). Trends change, so check the latest data before relying on them.
How far is GEMNETS from support and resistance?
At PKR 22.04, GEMNETS is about 2.5% above the nearest support and 19.8% below the nearest resistance, based on the analyzer data as of 04-Nov 03:31 PM.
Is this financial advice?
No. This page is educational. It shows technical levels calculated from price history and is not personalized advice, a recommendation to buy or sell, or a forecast. Trading involves substantial risk of loss.
!now GEMNETS.Disclaimer: Trading in stocks and securities involves substantial risk of loss. FoxLogica provides educational content, analytical tools and community insights, not personalized licensed financial advice, and is not a registered brokerage or advisory firm unless separately stated. Past performance is not indicative of future results. Do your own research.