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Technicals for Anupam Rasayan India Ltd
By MusingTheNews
2025-05-30 20:23
Overall Technical outlook
Price Summary
On 2025-05-30, Anupam Rasayan India Ltd's stock opened at 988.65, peaked at 1011.0, hit a low of 983.6, and closed 1.63% up at 1004.75, with 254043 shares changing hands. Over the past year, the stock's highest price was 1004.75, and its lowest was 628.25. Analysts predict that the future price will fluctuate between 520.0 and 900.0, with the mean expected price being approximately 651.7143.
Technicals
Aroon: Aroon's bullish trend persists, with Aroon Up at the 100 level, signaling strong upward momentum. Further exploration with additional indicators is needed to confirm the trend's durability and potential for continued growth. Aroon chart for Anupam Rasayan India Ltd
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Anupam Rasayan India Ltd
Parabolic SAR: The PSAR for ANURAS continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Anupam Rasayan India Ltd
Stochastic: The K-line is now below the D-line on the stochastic indicator, though it remains above 80, pointing to a possible bearish price move. This could be an early warning that the market's upward trend is weakening, potentially leading to a reversal. Investors should be cautious and watch for further bearish signals. Stochastic chart for Anupam Rasayan India Ltd
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 Anupam Rasayan India Ltd
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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