Technicals for Sundram Fasteners Limited

Price Summary

On 2026-06-03, Sundram Fasteners Limited's stock opened at 834.0, reached a high of 838.8, dropped to a low of 821.15, and closed higher 0.01% at 834.05, with a trading volume of 34358 shares.
The highest price the stock achieved in the past 52 weeks is 1070.3, while the lowest price it saw is 749.05.

Technicals

Support and Resistance: The current price for SUNDRMFAST is 834.05, supported at 808.25 with resistance at 835.9. This indicates a trading range where 808.25 might prevent further declines, while 835.9 could hinder additional gains.


Aroon: The AROON 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 SUNDRMFAST, with no strong trend emerging.


Bol. Bands: The BOLL BANDS is in a neutral stance for SUNDRMFAST, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.


Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher.


Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Sundram Fasteners Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.