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Technicals for Astral Limited
By MusingTheNews
2025-05-30 20:24
Overall Technical outlook
Price Summary
Astral Limited's stock opened at 1509.5 on 2025-05-30, surged to 1518.8, hit a low of 1490.2, and closed up -0.76% at 1498.1, with 2396844 shares traded. For the 52-week period, the stock's highest price is 2417.75, and the lowest price is 1238.05. According to 24 analysts, the future price is anticipated to vary between 1410.0 and 2150.0, with an average expected price of around 1647.625.
Technicals
Support and Resistance: The price for ASTRAL at 1498.1 finds support at 1455.4 and resistance at 1501.45. This suggests a trading range, where 1455.4 serves as a support level and 1501.45 acts as a resistance point, potentially capping further gains. Support/Resistance for ASTRAL
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Astral Limited
Bol. Bands: The BOLL BANDS 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 ASTRAL, with no strong trend emerging. Bolinger Bands chart for Astral Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Astral Limited
Stochastic: The K-line has dropped below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move may be beginning. This pattern indicates that the market's upward momentum is weakening, potentially leading to a reversal. Investors should stay alert for additional signs of a downturn. Stochastic chart for Astral Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for ASTRAL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Astral Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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