More about Persistent Systems Limited
Fundamentals for Persistent Systems Limited
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Technicals for Persistent Systems Limited
Price Summary
On 2026-03-02, Persistent Systems Limited's stock began at 4600.0, peaked at 4787.5, declined to 4449.1, and ended the day 1.6% higher at 4673.4, with 637406 shares traded.Throughout the 52-week period, the stock hit a high of 6563.5 and a low of 0.0.
Analysts' predictions indicate that PERSISTENT's future price will be between 4375.0 and 8865.0, with a mean price expectation of approximately 6817.543.
Technicals
Support and Resistance: At 4673.4, the price is supported by 4662.0 and resisted by 4822.5. This indicates that the price for Persistent Systems Limited might fluctuate between these levels, with 4662.0 acting as a support and 4822.5 limiting further upward movement.Aroon: The continuation of Aroon's bearish trend, with Aroon Down still at the 100 level, indicates strong bearish pressure. However, further analysis with additional indicators is essential to better understand the trend's potential impact on the market.
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors.
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while staying below 20, often indicating the start of a bullish move. This setup suggests that the market might be in the early stages of an upward trend, emerging from a period of lower levels. Investors might see this as a positive signal for buying.
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not hold, signaling the possibility of an upcoming change in direction for PERSISTENT.
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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