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Technicals for Aditya Birla Real Estate Limited
By MusingTheNews
2025-05-30 20:29
Overall Technical outlook
Price Summary
The stock of ABREL declined -4.53% today, reflecting a mediocre market performance. On 2025-05-30, Aditya Birla Real Estate Limited's stock began at 2281.6, peaked at 2308.5, bottomed at 2131.5, and closed -4.53% lower at 2178.2, with a volume of 173465 shares. Over the course of 52 weeks, the stock peaked at 3052.8 and hit a low of 1713.9. According to 4 analysts, the future price is anticipated to vary between 2700.0 and 2808.0, with an average expected price of around 2775.25.
Technicals
Support and Resistance: The current price of 2178.2 for ABREL finds support at 2065.9 and resistance at 2528.7. These levels define a range in which the price might oscillate, with 2065.9 as a potential support and 2528.7 as a resistance level. Support/Resistance for ABREL
Aroon: The continuation of Aroon's bullish trend, with Aroon Up holding steady at the 100 level, signals strong market momentum. However, further analysis with other indicators is essential to assess the trend's long-term viability and potential for continued growth. Aroon chart for Aditya Birla Real Estate Limited
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. Bolinger Bands chart for Aditya Birla Real Estate Limited
Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a possible market decline. If this reversal is confirmed by other trends, it could be a very bearish signal. Investors should consider this shift carefully and seek further confirmation before taking action for Aditya Birla Real Estate Limited. Parabolic Stop and Reverse chart for Aditya Birla Real Estate Limited
Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness. Stochastic chart for Aditya Birla Real Estate Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Aditya Birla Real Estate Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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