Technicals for Triveni Engineering & Industries Limited

Price Summary

On 2026-06-03, TRIVENI's stock opened at 364.55, reached a peak of 378.9, dropped to 358.1, and ended -0.64% lower at 362.2, with a volume of 308861 shares.
In the last 52 weeks, the stock's top price was 441.35 and the bottom price was 327.55.
Analysts predict that the future price will fluctuate between 363.0 and 575.0, with the mean expected price being approximately 479.33334.

Technicals

Support and Resistance: The price for TRIVENI at 362.2 finds support at 353.85 and resistance at 381.85. This suggests a trading range, where 353.85 serves as a support level and 381.85 acts as a resistance point, potentially capping further 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 TRIVENI, with no strong trend emerging.


Bol. Bands: The current reading of the BOLL BANDS 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.


Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check.


Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments.


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.