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Technicals for Hero MotoCorp Limited
By MusingTheNews
2025-07-16 20:36
Overall Technical outlook
Price Summary
Hero MotoCorp Limited's stock started the year at 4454.0, climbed to a high of 4470.0, fell to 4371.0, and closed -0.66% lower at 4424.5, with 791550 shares traded on 2025-07-16. The stock's peak price over the last 52 weeks is 6190.55, with the lowest being 3493.1. Future price predictions suggest a range between 3330.0 and 6200.0, with an average expected price of 4585.4165, as per 36 analysts.
Technicals
Support and Resistance: The current price of 4424.5 is supported at 4402.15, with resistance at 4402.15. This suggests that the price for HEROMOTOCO might remain between these levels, where 4402.15 acts as a floor and 4402.15 as a ceiling in the market. Support/Resistance for HEROMOTOCO
Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation. Aroon chart for Hero MotoCorp Limited
Bol. Bands: The price crossing below the upper Bollinger Band hints at a potential move lower. This signal could indicate that the asset is overbought and that a decline is imminent. Traders might view this as a sign of weakening bullish momentum, suggesting that a price correction or pullback is likely, making it a critical time to assess trading strategies. Bolinger Bands chart for Hero MotoCorp Limited
Parabolic SAR: The PSAR for HEROMOTOCO continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Hero MotoCorp Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Hero MotoCorp Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Hero MotoCorp Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Hero MotoCorp Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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