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Technicals for Avenue Supermarts Limited
By MusingTheNews
2025-09-05 20:22
Overall Technical outlook
Price Summary
2025-09-05, saw DMART's stock open at 4850.0, hit a peak of 4898.5, fall to a low of 4767.2, and close down -1.17% at 4793.3, with 247762 shares changing hands. Over the previous 52 weeks, the stock reached a high of 5391.45 and a low of 3403.95. The future price of DMART is projected to range from 3100.0 to 6408.0, with an average expected price of 4225.2256, according to 31 analysts.
Technicals
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Avenue Supermarts Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for DMART, 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 Avenue Supermarts Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for DMART. Parabolic Stop and Reverse chart for Avenue Supermarts Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for DMART, with no strong trend emerging. Stochastic chart for Avenue Supermarts Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for DMART are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for Avenue Supermarts Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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