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Technicals for Blue Dart Express Limited
By MusingTheNews
2025-05-30 20:26
Overall Technical outlook
Price Summary
Blue Dart Express Limited's stock, on 2025-05-30 opened at 6660.5, climbed to a high of 6729.5, dropped to a low of 6590.0, and closed up -0.58% at 6622.0, with 9672 shares traded. The stock's highest price over the 52-week span is 9253.65, while the lowest price is 5648.7. The future price of BLUEDART is projected to range from 6970.0 to 8114.0, with an average expected price of 7339.143, according to 7 analysts.
Technicals
Support and Resistance: The current price sits at 6622.0, supported at 6593.35 and capped by resistance at 6967.45. These levels define a range for BLUEDART where the price might stabilize, with 6593.35 as a floor and 6967.45 as a ceiling. Support/Resistance for BLUEDART
Aroon: The AROON indicator reflects a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed for BLUEDART. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The persistent low reading of the Aroon Oscillator underscores the likelihood of further declines. Aroon chart for Blue Dart Express 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 Blue Dart Express Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for BLUEDART. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Blue Dart Express Limited
Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows signs of a mildly bearish trend. This configuration suggests possible weakness for BLUEDART, but the bearish sentiment is not overly strong. Traders should be aware of this potential shift and look for further confirmation. Stochastic chart for Blue Dart Express Limited
Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned bearishly for Blue Dart Express Limited, suggesting a downward trend. However, the slower SMAs are beginning to lose momentum, hinting at a possible shift. This weakening of the bearish trend may indicate that the market is nearing a pivot towards a bullish direction, potentially signaling an upcoming reversal in the current trend. Tripple SMA chart for Blue Dart Express 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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