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Technicals for Delhivery Limited
By MusingTheNews
2025-05-30 20:32
Overall Technical outlook
Price Summary
On 2025-05-29, DELHIVERY's stock started at 359.9, reached a high of 362.0, fell to 358.1, and ended 0.07% higher at 360.15, with 962865 shares traded. During the past 52 weeks, the highest stock price was 438.2, and the lowest was 240.29. The price outlook for DELHIVERY is between 277.0 and 515.0, with an average expectation of 409.1905, as estimated by 21 analysts.
Technicals
Support and Resistance: The current price for DELHIVERY is 360.15, supported at 353.0 with resistance at 383.1. This indicates a trading range where 353.0 might prevent further declines, while 383.1 could hinder additional gains. Support/Resistance for DELHIVERY
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Delhivery Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Delhivery Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Delhivery Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Delhivery Limited
Stochastic: The stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals. Stochastic chart for Delhivery Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Delhivery 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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