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Technicals for JSW Steel Limited
By MusingTheNews
2025-05-30 20:42
Overall Technical outlook
Price Summary
On 2025-05-30, JSW Steel Limited's stock began at 1003.0, climbed to 1012.5, dropped to 990.5, and had -0.95% to end at 993.5, with a volume of 1710755 shares. The highest price the stock achieved in the past 52 weeks is 1063.2, while the lowest price it saw is 841.85. The future price of JSWSTEEL is projected to range from 740.0 to 1270.0, with an average expected price of 1030.9706, according to 34 analysts.
Technicals
Support and Resistance: The price for JSWSTEEL at 993.5 is supported by the 980.75 level and faces resistance at 1012.95. This range indicates key levels where the price may find buyers near 980.75 and sellers near 1012.95, defining a trading range. Support/Resistance for JSWSTEEL
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for JSW Steel 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 JSW Steel Limited
Parabolic SAR: The PSAR continues to be bullish for JSWSTEEL, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for JSW Steel Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for JSW Steel Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for JSW Steel Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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