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Technicals for Delhivery Limited
By MusingTheNews
2026-02-02 20:31
Overall Technical outlook
Price Summary
On 2026-02-02, Delhivery Limited's stock opened at 444.15, reached 450.45, hit a low of 432.8, and rose -0.96% to close at 439.9, with 7786924 shares traded. The stock's highest price over the 52-week span is 484.85, while the lowest price is 240.29. The projected price range for Delhivery Limited is between 360.0 and 600.0, with an expected mean price of 498.78262, according to 23 analysts.
Technicals
Support and Resistance: At 439.9, the price for DELHIVERY is supported at 422.25 and resisted at 446.8. This indicates a trading range where 422.25 serves as a support level, potentially preventing further decline, while 446.8 could limit upward movement. Support/Resistance for DELHIVERY
Aroon: The Aroon indicator continues to show a bullish trend for Delhivery Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for Delhivery Limited
Bol. Bands: The current price is above the upper Bollinger Band, maintaining this position since its recent rise. This indicates strong bullish momentum and suggests that the asset could be in an overbought state. Traders may view this as a sign of continued strength, but the prolonged period above the band also raises the possibility of a correction or pullback in the near future. Bolinger Bands chart for Delhivery Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Delhivery Limited
Stochastic: The stochastic indicator shows a bullish signal, with the K-line exceeding both the D-line and the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors could consider this a favorable sign for continued market growth for Delhivery Limited. Stochastic chart for Delhivery Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for DELHIVERY, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Delhivery Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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