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Technicals for APL Apollo Tubes Limited
By MusingTheNews
2025-05-30 20:20
Overall Technical outlook
Price Summary
2025-05-30, saw APLAPOLLO's stock open at 1826.8, hit a peak of 1833.0, fall to a low of 1787.5, and close lower -0.83% at 1811.7, with 1784846 shares changing hands. In the last 52 weeks, the stock's top price was 1843.5 and the bottom price was 1303.05. 17 analysts predict that the future price of APLAPOLLO will be in the range of 1161.0 to 2104.0, with a mean expected price of about 1825.1177.
Technicals
Support and Resistance: The price of 1811.7 is supported at 1623.4 and faces resistance at 1843.5. This range suggests key levels for APLAPOLLO where the price may stabilize, with 1623.4 acting as a support and 1843.5 as a cap on gains. Support/Resistance for APLAPOLLO
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for APL Apollo Tubes 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 APL Apollo Tubes Limited
Parabolic SAR: The PSAR remains bearish for APL Apollo Tubes Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for APL Apollo Tubes Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, hinting at the potential beginning of a bearish price move for APLAPOLLO. This setup could signal that the market's recent strength is weakening, possibly leading to a downturn. Traders should watch for further evidence of a bearish trend. Stochastic chart for APL Apollo Tubes Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for APL Apollo Tubes Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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