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Technicals for InterGlobe Aviation Limited
By MusingTheNews
2025-05-30 20:41
Overall Technical outlook
Price Summary
InterGlobe Aviation Limited's stock began trading at 5306.0 on 2025-05-30, soared to 5393.5, dipped to 5306.0, and finished the day 0.45% up at 5330.0, with 1743872 shares exchanged. In the 52-week period, the stock's peak price is 5589.0, and the lowest price recorded is 3848.8. 21 analysts estimate that the future price of INDIGO will fall between 4050.0 and 6700.0, with an average price expectation of approximately 5883.381.
Technicals
Support and Resistance: The price for INDIGO at 5330.0 finds support at 5086.75 and resistance at 5366.0. This suggests a trading range, where 5086.75 serves as a support level and 5366.0 acts as a resistance point, potentially capping further gains. Support/Resistance for INDIGO
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for InterGlobe Aviation Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for InterGlobe Aviation Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for InterGlobe Aviation Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for InterGlobe Aviation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for INDIGO. Tripple SMA chart for InterGlobe Aviation Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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