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Technicals for Gland Pharma Limited
By MusingTheNews
2025-05-30 20:35
Overall Technical outlook
Price Summary
The stock of Gland Pharma Limited experienced a 3.41% rise, showcasing a outstanding market performance. Gland Pharma Limited's stock, on 2025-05-29 opened at 1526.2, climbed to a high of 1612.8, dropped to a low of 1513.4, and closed up 3.41% at 1578.2, with 246711 shares traded. Throughout the 52-week period, the stock hit a high of 2141.6 and a low of 1392.8. Analysts' predictions indicate that GLAND's future price will be between 1162.0 and 3120.0, with a mean price expectation of approximately 1677.6666.
Technicals
Support and Resistance: At 1578.2, the price is supported at 1486.25 and faces resistance at 1617.8. This range suggests that the price for GLAND might stay between these levels, with 1486.25 acting as a floor and 1617.8 as a ceiling. Support/Resistance for GLAND
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for Gland Pharma Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for GLAND, 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 Gland Pharma Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for GLAND. Parabolic Stop and Reverse chart for Gland Pharma 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 GLAND, with no strong trend emerging. Stochastic chart for Gland Pharma Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Gland Pharma Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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