Overall Technical outlook

Price Summary

On 2025-05-29, Data Patterns (India) Limited's stock opened at 2880.0, peaked at 2930.0, hit a low of 2841.4, and closed -0.65% down at 2861.4, with 943790 shares changing hands.
For the 52-week period, the stock's highest price is 3395.2, and the lowest price is 1411.6.
Analysts predict that the future price will fluctuate between 2530.0 and 3700.0, with the mean expected price being approximately 3146.7144.

Technicals


Aroon: The AROON is in a neutral stance for DATAPATTNS, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
DATAPATTNS aroon 5786a9
Aroon chart for Data Patterns (India) Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
DATAPATTNS bbands 5786a9
Bolinger Bands chart for Data Patterns (India) Limited


Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for DATAPATTNS. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
DATAPATTNS psar 5786a9
Parabolic Stop and Reverse chart for Data Patterns (India) Limited


Stochastic: The STOCHASTIC 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.
DATAPATTNS stoch 5786a9
Stochastic chart for Data Patterns (India) Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move.
DATAPATTNS trippleSMA 5786a9
Tripple SMA chart for Data Patterns (India) Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.