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Technicals for Alembic Pharmaceuticals Limited
By MusingTheNews
2025-05-30 20:22
Overall Technical outlook
Price Summary
Alembic Pharmaceuticals Limited's stock opened at 1006.55 on 2025-05-30, surged to 1026.9, hit a low of 1001.05, and closed up 1.14% at 1018.05, with 139071 shares traded. During the 52-week span, the stock hit a high of 1247.7 and a low of 743.65. 11 analysts predict that the future price of APLLTD will be in the range of 885.0 to 1222.0, with a mean expected price of about 1011.0.
Technicals
Support and Resistance: The price currently sits at 1018.05, finding support at 1009.5 and resistance at 1046.0. These levels define a range for Alembic Pharmaceuticals Limited where the price may move, with 1009.5 offering a base and 1046.0 limiting upward momentum. Support/Resistance for APLLTD
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 APLLTD, with no strong trend emerging. Aroon chart for Alembic Pharmaceuticals Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Alembic Pharmaceuticals Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Alembic Pharmaceuticals Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Alembic Pharmaceuticals Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Alembic Pharmaceuticals Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish formation, indicating a downtrend. However, the slower SMAs appear to be losing steam, suggesting that the bearish momentum might be fading. This could be an early sign of a potential bullish pivot in the near future, as the market seems poised for a reversal from the current downward trend. Tripple SMA chart for Alembic Pharmaceuticals 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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