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Technicals for Apollo Tyres Limited
By MusingTheNews
2025-09-04 20:22
Overall Technical outlook
Price Summary
On 2025-09-03, Apollo Tyres Limited's stock opened at 491.05, peaked at 495.7, hit a low of 482.4, and closed -1.1% lower at 485.65, with 1535831 shares changing hands. During the 52-week span, the stock hit a high of 564.25 and a low of 374.3. The price projection is between 399.0 and 600.0, with an average expected price around 509.29166, according to 24 analysts.
Technicals
Support and Resistance: The current price for APOLLOTYRE is 485.65, supported at 472.45 with resistance at 494.25. This indicates a trading range where 472.45 might prevent further declines, while 494.25 could hinder additional gains. Support/Resistance for APOLLOTYRE
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for Apollo Tyres Limited
Bol. Bands: As the price dips below the upper Bollinger Band, it signals a potential move lower. This could suggest that the asset's recent uptrend is losing strength, and a decline may follow. Traders often view this as an indication that the market is overbought and a correction is due, making it a critical point for evaluating trading strategies and potential entry or exit points for Apollo Tyres Limited. Bolinger Bands chart for Apollo Tyres Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for APOLLOTYRE. Parabolic Stop and Reverse chart for Apollo Tyres Limited
Stochastic: The stochastic indicator shows a bullish trend for APOLLOTYRE, with the K-line positioned above the D-line and surpassing the 80 level. This setup indicates strong upward momentum, suggesting that the market may continue its positive trajectory. Traders might view this as a sign of ongoing strength in the market. Stochastic chart for Apollo Tyres Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Apollo Tyres Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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