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Technicals for Aster DM Healthcare Limited
By MusingTheNews
2025-09-05 20:22
Overall Technical outlook
Price Summary
On 2025-09-05, ASTERDM's stock opened at 637.95, reached a peak of 652.0, dropped to 628.55, and ended 0.36% higher at 640.25, with a volume of 1590234 shares. Over the previous 52 weeks, the stock reached a high of 650.05 and a low of 394.0. Analysts' predictions indicate that ASTERDM's future price will be between 410.0 and 800.0, with a mean price expectation of approximately 659.0.
Technicals
Support and Resistance: The price of 640.25 is supported at 624.5 and encounters resistance at 650.05. This suggests key levels where the price might find stability, with 624.5 providing a base and 650.05 acting as an upper boundary for ASTERDM. Support/Resistance for ASTERDM
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong upward momentum for ASTERDM, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the direction. Aroon chart for Aster DM Healthcare Limited
Bol. Bands: The current price for Aster DM Healthcare Limited has recently crossed over the upper Bollinger Band, signaling a bullish breakout. This upward movement suggests that the market is experiencing strong buying interest, driving the price higher than expected. Traders may see this as an indication of increased momentum, potentially leading to continued gains. Bolinger Bands chart for Aster DM Healthcare Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Aster DM Healthcare Limited
Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that ASTERDM may continue to experience gains. Investors may consider this a positive signal for continued market growth. Stochastic chart for Aster DM Healthcare 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 for ASTERDM is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for Aster DM Healthcare Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make 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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