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Technicals for Devyani International Limited
By MusingTheNews
2025-05-30 20:32
Overall Technical outlook
Price Summary
On 2025-05-29, DEVYANI's stock began at 173.49, peaked at 175.0, dipped to 169.0, and closed up -1.97% at 170.08, with a volume of 6660887 shares. The peak price for the stock in the past 52 weeks is 221.58, with the lowest price being 140.5. 25 analysts estimate that the future price of DEVYANI will fall between 139.0 and 226.0, with an average price expectation of approximately 188.0.
Technicals
Support and Resistance: The price for DEVYANI is 170.08, with support at 165.03 and resistance at 173.41. This suggests a range where 165.03 acts as a base, preventing declines, and 173.41 caps gains, defining key trading levels. Support/Resistance for DEVYANI
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Devyani International Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for DEVYANI, 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. Bolinger Bands chart for Devyani International Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, indicating a possible market downturn. If this shift is corroborated by other trends, it could be a very bearish signal. Investors should be cautious and look for additional confirmation before acting. Parabolic Stop and Reverse chart for Devyani International Limited
Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments. Stochastic chart for Devyani International Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Devyani International Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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