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Technicals for Atul Ltd
By MusingTheNews
2025-05-30 20:24
Overall Technical outlook
Price Summary
Atul Ltd's stock, on 2025-05-30 opened at 7135.0, climbed to a high of 7159.5, dropped to a low of 7020.0, and closed up 0.02% at 7136.5, with 19091 shares traded. The stock's highest price in the past 52 weeks is 8036.35, while its lowest price during the same period is 5166.8. 11 analysts forecast that the price of ATUL will range from 5450.0 to 9000.0, with an average expected price near 7726.273.
Technicals
Support and Resistance: The current price of 7136.5 for ATUL finds support at 7089.9 and resistance at 7379.4. These levels define a range in which the price might oscillate, with 7089.9 as a potential support and 7379.4 as a resistance level. Support/Resistance for ATUL
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Atul Ltd
Bol. Bands: The BOLL BANDS is in a neutral stance for ATUL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Atul Ltd
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Atul Ltd
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Atul Ltd
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for ATUL. Tripple SMA chart for Atul Ltd
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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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