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Technicals for Himadri Speciality Chemical Limited
By MusingTheNews
2025-05-30 20:38
Overall Technical outlook
Price Summary
On 2025-05-29, Himadri Speciality Chemical Limited's stock opened at 475.3, spiked to 478.8, declined to 473.1, and closed 0.17% up at 476.1, with 297588 shares traded. In the 52-week period, the stock's peak price is 667.6, and the lowest price recorded is 323.9.
Technicals
Support and Resistance: The current price sits at 476.1, supported at 461.65 and capped by resistance at 482.3. These levels define a range for HSCL where the price might stabilize, with 461.65 as a floor and 482.3 as a ceiling. Support/Resistance for HSCL
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 Himadri Speciality Chemical Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Himadri Speciality Chemical Limited
Parabolic SAR: The PSAR for HSCL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Himadri Speciality Chemical Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Himadri Speciality Chemical 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 Himadri Speciality Chemical 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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