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Technicals for Vodafone Idea Limited
By MusingTheNews
2025-05-30 21:02
Overall Technical outlook
Price Summary
In today's trading, Vodafone Idea Limited's stock declined by -3.08%, showcasing an awful market day. On 2025-05-30, Vodafone Idea Limited's shares started at 7.14, peaked at 7.17, bottomed out at 6.86, and ended -3.08% lower at 6.92, with 700572172 shares traded. The stock reached its highest price of 18.52 and lowest price of 6.55 over the last 52 weeks. The expected price range is between 2.4 and 15.0, with a mean anticipated price of 8.13636, according to 22 analysts.
Technicals
Support and Resistance: The price for IDEA at 6.92 is supported by the 6.8 level and faces resistance at 7.46. This range indicates key levels where the price may find buyers near 6.8 and sellers near 7.46, defining a trading range. Support/Resistance for IDEA
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Vodafone Idea Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Vodafone Idea Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Vodafone Idea Limited
Stochastic: The current state of the STOCHASTIC is neutral for IDEA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Vodafone Idea Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, but the slopes of the faster averages indicate that this strength may be weakening. The potential for a reversal is becoming apparent, as the shorter-term averages show signs of fading momentum, suggesting that a trend change could be imminent. Tripple SMA chart for Vodafone Idea Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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