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Technicals for Aditya Birla Fashion and Retail Limited
By MusingTheNews
2025-05-30 20:21
Overall Technical outlook
Price Summary
With a -2.33% dip, Aditya Birla Fashion and Retail Limited enjoyed a awful day in the stock market. On 2025-05-30, Aditya Birla Fashion and Retail Limited's shares started at 87.9, peaked at 88.1, bottomed out at 85.5, and ended -2.33% down at 85.85, with 10794403 shares traded. The highest price the stock achieved in the past 52 weeks is 352.35, while the lowest price it saw is 85.85. The future price of ABFRL is anticipated to range from 80.0 to 346.0, with an expected mean price of 195.09091, according to the recommendations of 22 analysts.
Technicals
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. Aroon chart for Aditya Birla Fashion and Retail Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Aditya Birla Fashion and Retail Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Aditya Birla Fashion and Retail Limited
Parabolic SAR: The PSAR maintains a bearish outlook for ABFRL, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Aditya Birla Fashion and Retail Limited
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 Aditya Birla Fashion and Retail Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for Aditya Birla Fashion and Retail Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Aditya Birla Fashion and Retail Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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