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Technicals for AstraZeneca Pharma India Limited
By MusingTheNews
2025-05-30 20:23
Overall Technical outlook
Price Summary
On 2025-05-30, ASTRAZEN's stock started at 7820.0, reached a high of 8090.0, fell to 7820.0, and ended 1.94% up at 7972.0, with 15250 shares traded. The stock reached its highest price of 9042.0 and its lowest price of 5639.8 during the 52-week period.
Technicals
Support and Resistance: The current price for ASTRAZEN is 7972.0, supported at 7337.2 with resistance at 7981.5. This indicates a trading range where 7337.2 might prevent further declines, while 7981.5 could hinder additional gains. Support/Resistance for ASTRAZEN
Aroon: The current state of the AROON is neutral for ASTRAZEN, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for AstraZeneca Pharma India Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for AstraZeneca Pharma India Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for AstraZeneca Pharma India Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for AstraZeneca Pharma India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for AstraZeneca Pharma India Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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