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Technicals for ITI Limited
By MusingTheNews
2025-05-30 20:40
Overall Technical outlook
Price Summary
ITI Limited had a awful day at the stock market, and its shares fell -4.25%. On 2025-05-30, ITI Limited's stock opened at 362.0, reached a high of 362.0, dropped to a low of 346.6, and closed lower -4.25% at 346.6, with a trading volume of 1885982 shares. Over the past year, the stock's highest price was 544.35, and its lowest was 211.55.
Technicals
Support and Resistance: At 346.6, the price for ITI is supported at 327.25 and resisted at 365.45. This indicates a trading range where 327.25 serves as a support level, potentially preventing further decline, while 365.45 could limit upward movement. Support/Resistance for ITI
Aroon: The current reading of the AROON is neutral for ITI, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for ITI Limited
Bol. Bands: The price for ITI dropping below the upper Bollinger Band could be an early signal of a downward trend. This movement might suggest that the asset is overbought and that a price decrease is possible. Traders often use this indicator to predict potential reversals, as it signals that the bullish trend could be weakening and that a correction or pullback might be forthcoming. Bolinger Bands chart for ITI Limited
Parabolic SAR: The PSAR for ITI continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for ITI Limited
Stochastic: The K-line has dropped below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move may be beginning. This pattern indicates that the market's upward momentum is weakening, potentially leading to a reversal. Investors should stay alert for additional signs of a downturn. Stochastic chart for ITI Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for ITI Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for ITI Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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