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Technicals for Affle (India) Limited
By MusingTheNews
2025-05-30 20:22
Overall Technical outlook
Price Summary
Affle (India) Limited's stock started trading at 1744.0 on 2025-05-30, climbed to 1779.9, fell to 1677.0, and closed -0.48% down at 1735.6, with 255713 shares traded. The stock's highest price in the past 52 weeks is 1852.45, while its lowest price during the same period is 1087.7. Analysts expect the price of AFFLE to vary between 1150.0 and 2000.0, with an average expected price near 1808.1818.
Technicals
Support and Resistance: At 1735.6, the price for AFFLE is supported at 1703.3 and resisted at 1769.1. This indicates a trading range where 1703.3 serves as a support level, potentially preventing further decline, while 1769.1 could limit upward movement. Support/Resistance for AFFLE
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 AFFLE, with no strong trend emerging. Aroon chart for Affle (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for AFFLE, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Affle (India) Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Affle (India) Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Affle (India) Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish trend, pointing to continued downward movement. However, the slower SMAs are showing signs of losing steam, indicating that the bearish momentum may be weakening. This could suggest a potential shift towards a bullish trend in the near future, as the market begins to pivot away from its current downward trajectory. Tripple SMA chart for Affle (India) Limited
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.
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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