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Technicals for Laurus Labs Limited
By MusingTheNews
2025-09-05 20:35
Overall Technical outlook
Price Summary
On 2025-09-05, Laurus Labs Limited's shares started at 875.6, peaked at 887.95, bottomed out at 871.2, and ended 0.58% higher at 880.65, with 1034186 shares traded. The stock reached its highest price of 909.85 and its lowest price of 431.3 during the 52-week period. Analysts expect the price of LAURUSLABS to vary between 293.0 and 1025.0, with an average expected price near 694.8461.
Technicals
Support and Resistance: The price for LAURUSLABS at 880.65 is supported by the 860.1 level and faces resistance at 881.45. This range indicates key levels where the price may find buyers near 860.1 and sellers near 881.45, defining a trading range. Support/Resistance for LAURUSLABS
Aroon: The AROON is currently in a neutral position for Laurus Labs Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Laurus Labs Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Laurus Labs Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for LAURUSLABS. Parabolic Stop and Reverse chart for Laurus Labs Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Laurus Labs Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory. Tripple SMA chart for Laurus Labs Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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