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Technicals for NHPC Limited
By MusingTheNews
2025-05-30 20:48
Overall Technical outlook
Price Summary
NHPC Limited's stock opened at 87.01 on 2025-05-30, surged to a high of 87.81, hit a low of 85.92, and closed up 0.46% at 87.41, with 34550655 shares traded. The top price for the stock in the last 52 weeks is 115.81, with the bottom price being 72.57. Analysts predict that the future price will fluctuate between 65.0 and 124.0, with the mean expected price being approximately 91.57143.
Technicals
Support and Resistance: The current price of 87.41 for NHPC finds support at 86.77 and resistance at 90.37. These levels define a range in which the price might oscillate, with 86.77 as a potential support and 90.37 as a resistance level. Support/Resistance for NHPC
Aroon: The current state of the AROON 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. Aroon chart for NHPC Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for NHPC Limited
Parabolic SAR: The PSAR for NHPC 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 NHPC Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for NHPC Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for NHPC Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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