Technicals for Devyani International Limited

Price Summary

Devyani International Limited's stock started trading at 111.83 on 2026-06-03, climbed to 113.76, fell to 110.35, and closed 1.4% up at 113.4, with 918532 shares traded.
During the past 52 weeks, the highest stock price was 188.9, and the lowest was 94.59.

Technicals

Support and Resistance: The current price of 113.4 for DEVYANI finds support at 113.2 and resistance at 118.03. These levels define a range in which the price might oscillate, with 113.2 as a potential support and 118.03 as a resistance level.


Aroon: Aroon's bearish trend continues, with Aroon Down maintaining its position at the 100 level. This sustained bearish momentum suggests potential ongoing declines. However, to fully understand the trend's implications, it's important to analyze it alongside other indicators to gain a comprehensive view of the market.


Bol. Bands: The price has recently moved above the lower Bollinger Band after being below it in the previous period. This upward crossover suggests that the market may be rebounding from an oversold condition. The move could signal a weakening of the bearish trend and indicate that a shift toward more positive price action might be underway.


Parabolic SAR: The PSAR remains bearish for Devyani International Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.


Stochastic: As the Stochastic K-line dips below the D-line and under 20, it points to a mildly bearish market scenario. This configuration hints at some bearish sentiment, but it is not particularly strong. Investors should remain cautious and observe the market for any further signs of a downturn.


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for DEVYANI, with no strong trend emerging.


To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.