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Technicals for Equitas Small Finance Bank Limited
By MusingTheNews
2025-05-30 20:33
Overall Technical outlook
Price Summary
On 2025-05-29, Equitas Small Finance Bank Limited's stock opened at 64.0, reached 64.18, hit a low of 62.85, and rose -0.63% to close at 63.6, with 2942520 shares traded. The highest price the stock achieved in the past 52 weeks is 107.29, while the lowest price it saw is 54.91. The expected price range is between 60.0 and 98.0, with a mean anticipated price of 73.16667, according to 18 analysts.
Technicals
Support and Resistance: The price of 63.6 is supported at 59.68 and capped by resistance at 64.0. These levels mark key points for Equitas Small Finance Bank Limited where the price could find stability, with 59.68 as a floor and 64.0 as a ceiling. Support/Resistance for EQUITASBNK
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for EQUITASBNK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Equitas Small Finance Bank Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Equitas Small Finance Bank Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for EQUITASBNK. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Equitas Small Finance Bank Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Equitas Small Finance Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Equitas Small Finance Bank Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments 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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