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Technicals for ITC Limited
By MusingTheNews
2025-09-05 20:32
Overall Technical outlook
Price Summary
The stock of ITC slid -2.29% today, reflecting a unimpressive market performance. ITC Limited's stock started the year at 416.9, climbed to a high of 417.0, fell to 404.4, and closed -2.29% lower at 407.35, with 15996527 shares traded on 2025-09-05. The highest price the stock achieved in the past 52 weeks is 522.75, while the lowest price it saw is 394.85. According to 37 analysts, the price of ITC in the future is projected to be between 425.0 and 567.0, with an average expected price of 495.78378.
Technicals
Support and Resistance: The price sits at 407.35, supported by 405.55 and resisted by 411.95. This indicates a trading range where 405.55 provides a floor, preventing declines, and 411.95 acts as a ceiling, limiting further price increases for ITC. Support/Resistance for ITC
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for ITC Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for ITC Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for ITC. Parabolic Stop and Reverse chart for ITC Limited
Stochastic: The current state of the STOCHASTIC is neutral for ITC, 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 ITC Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for ITC Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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