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Technicals for Global Health Limited
By MusingTheNews
2025-05-30 20:35
Overall Technical outlook
Price Summary
On 2025-05-29, Global Health Limited's stock opened at 1212.0, reached 1218.0, hit a low of 1191.4, and rose -1.23% to close at 1197.1, with 81489 shares traded. Over the past 52 weeks, the stock reached a maximum price of 1373.45 and a minimum price of 966.9. The price outlook for MEDANTA is between 855.0 and 1536.0, with an average expectation of 1273.8667, as estimated by 15 analysts.
Technicals
Support and Resistance: The price of 1197.1 is supported at 1195.95 and encounters resistance at 1235.55. This suggests key levels where the price might find stability, with 1195.95 providing a base and 1235.55 acting as an upper boundary for MEDANTA. Support/Resistance for MEDANTA
Aroon: The current reading of the AROON is neutral for MEDANTA, 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 Global Health Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for MEDANTA, 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. Bolinger Bands chart for Global Health Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for MEDANTA. Parabolic Stop and Reverse chart for Global Health Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Global Health Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Global Health 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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