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Technicals for Amara Raja Energy & Mobility Limited
By MusingTheNews
2026-02-02 20:22
Overall Technical outlook
Price Summary
On 2026-02-02, Amara Raja Energy & Mobility Limited's stock started at 827.65, soared to 839.8, dropped to 810.1, and finished the day -1.36% lower at 816.4, with a trading volume of 390199 shares. Over the past year, the stock's highest price was 1095.3, and its lowest was 816.4. The price outlook for ARE&M is between 875.0 and 1638.0, with an average expectation of 1109.9286, as estimated by 14 analysts.
Technicals
Aroon: The continuation of Aroon's bearish trend, with Aroon Down remaining at 100, indicates sustained market weakness for Amara Raja Energy & Mobility Limited. To fully assess the implications of this trend, it should be examined in conjunction with other technical indicators. Aroon chart for Amara Raja Energy & Mobility Limited
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 Amara Raja Energy & Mobility Limited
Parabolic SAR: The PSAR for ARE&M continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Amara Raja Energy & Mobility Limited
Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments. Stochastic chart for Amara Raja Energy & Mobility Limited
Tripple Moving Agerage: A bullish trend for Amara Raja Energy & Mobility Limited is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages raise concerns about a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not last, signaling the possibility of a shift in direction. Tripple SMA chart for Amara Raja Energy & Mobility 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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