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Technicals for Adani Green Energy Limited
By MusingTheNews
2025-07-16 20:21
Overall Technical outlook
Price Summary
Adani Green Energy Limited's stock opened at 1027.0 on 2025-07-15, surged to 1042.0, dropped to 1026.0, and ended 0.59% up at 1033.1, with 2063987 shares traded. Over the course of 52 weeks, the stock peaked at 2070.55 and hit a low of 768.55. The projected price range for Adani Green Energy Limited is between 800.0 and 1522.0, with an expected mean price of 1232.4286, according to 7 analysts.
Technicals
Support and Resistance: The price of 1033.1 is supported at 996.5 and capped by resistance at 1070.25. These levels mark key points for Adani Green Energy Limited where the price could find stability, with 996.5 as a floor and 1070.25 as a ceiling. Support/Resistance for ADANIGREEN
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Adani Green Energy Limited
Bol. Bands: The BOLL BANDS 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 ADANIGREEN, with no strong trend emerging. Bolinger Bands chart for Adani Green Energy Limited
Parabolic SAR: The PSAR for ADANIGREEN maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Adani Green Energy Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Adani Green Energy Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Adani Green Energy Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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