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Technicals for Happiest Minds Technologies Limited
By MusingTheNews
2025-12-15 20:37
Overall Technical outlook
Price Summary
On 2025-12-15, Happiest Minds Technologies Limited's stock opened at 490.5, peaked at 492.9, hit a low of 488.95, and closed -0.09% down at 490.05, with 115249 shares changing hands. The stock's highest value over the last 52 weeks is 749.7, and the lowest value is 489.6. Analysts predict that the future price will fluctuate between 430.0 and 670.0, with the mean expected price being approximately 605.4286.
Technicals
Support and Resistance: With the current price at 490.05, support is found at 491.25 and resistance at 491.25. These levels indicate where buyers might step in at 491.25, while sellers could limit gains at 491.25, defining a trading boundary for Happiest Minds Technologies Limited. Support/Resistance for HAPPSTMNDS
Aroon: The AROON 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. Aroon chart for Happiest Minds Technologies Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Happiest Minds Technologies Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for HAPPSTMNDS. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Happiest Minds Technologies Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Happiest Minds Technologies Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction. Tripple SMA chart for Happiest Minds Technologies Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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