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Technicals for Devyani International Limited
By MusingTheNews
2025-07-16 20:31
Overall Technical outlook
Price Summary
On 2025-07-16, DEVYANI's stock began at 175.44, peaked at 177.5, dipped to 172.8, and closed up -1.17% at 173.38, with a volume of 4401650 shares. Over the course of 52 weeks, the stock peaked at 221.58 and hit a low of 140.5. The expected price range is between 139.0 and 226.0, with a mean anticipated price of 187.48, according to 25 analysts.
Technicals
Support and Resistance: The price for DEVYANI is 173.38, with support at 170.03 and resistance at 178.65. This suggests a range where 170.03 acts as a base, preventing declines, and 178.65 caps gains, defining key trading levels. Support/Resistance for DEVYANI
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential. Aroon chart for Devyani International Limited
Bol. Bands: As the price falls below the upper Bollinger Band, it suggests a potential shift to a downward trend. This movement may indicate that the asset's recent uptrend is losing steam, prompting traders to anticipate a decline. Such a signal could be interpreted as a warning of an overbought condition, where the price correction is likely, making it a critical juncture for trading decisions. Bolinger Bands chart for Devyani International Limited
Parabolic SAR: The PSAR continues to be bullish for DEVYANI, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Devyani International Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Devyani International Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Devyani International 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.
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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