Overall Technical outlook

Price Summary

2025-05-30, saw ASIANPAINT's stock open at 2296.5, hit a peak of 2304.0, fall to a low of 2255.0, and close down -1.63% at 2259.1, with 3610138 shares changing hands.
In the past year, the highest stock price was 3383.25, and the lowest was 2132.1.
35 analysts forecast that the price of ASIANPAINT will range from 1966.0 to 2860.0, with an average expected price near 2288.6572.

Technicals

Support and Resistance: At 2259.1, the price is supported by 2215.6 and resisted by 2335.95. This indicates that the price for Asian Paints Limited might fluctuate between these levels, with 2215.6 acting as a support and 2335.95 limiting further upward movement.
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Support/Resistance for ASIANPAINT


Aroon: AROON is currently indicating a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining low. This combination suggests that the downward price trend is likely to persist. The continued low level of the Aroon Oscillator points to ongoing bearish momentum.
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Aroon chart for Asian Paints Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for ASIANPAINT, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Asian Paints Limited


Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, suggesting a potential trend reversal. This shift could be a very bearish signal if supported by other market indicators. Traders should be on the lookout for additional signs of a broader downward trend.
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Parabolic Stop and Reverse chart for Asian Paints Limited


Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Stochastic chart for Asian Paints Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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.
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Tripple SMA chart for Asian Paints Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.