Technicals for Syngene International Limited

Price Summary

Syngene International Limited's stock opened at 444.0 on 2026-06-03, surged to a high of 444.0, hit a low of 432.15, and closed up -1.33% at 438.1, with 319359 shares traded.
The highest price the stock achieved in the past 52 weeks is 722.05, while the lowest price it saw is 389.9.

Technicals

Support and Resistance: The price sits at 438.1, supported by 415.6 and resisted by 447.65. This indicates a trading range where 415.6 provides a floor, preventing declines, and 447.65 acts as a ceiling, limiting further price increases for SYNGENE.


Aroon: Aroon's bearish trend continues, with Aroon Down remaining fixed at the 100 level. This indicates strong downward momentum for SYNGENE, but further analysis with other indicators is essential to fully comprehend the trend's potential impact.


Bol. Bands: The current price has dipped below the lower Bollinger Band, indicating potential oversold conditions in the market. This move suggests that the selling pressure has increased significantly, driving prices to a critical low. The breach could either signal that the bearish trend will continue or that a reversal is imminent if the market begins to recover from these levels.


Parabolic SAR: The PSAR for SYNGENE continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.


Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Syngene International Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely.


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.