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Technicals for Patanjali Foods Limited
By MusingTheNews
2025-05-30 20:51
Overall Technical outlook
Price Summary
Patanjali Foods Limited's shares tumbled -4.39% today, reflecting a unimpressive day on the market. Patanjali Foods Limited's stock started the year at 1748.0, climbed to a high of 1748.0, fell to 1647.1, and closed -4.39% lower at 1671.3, with 1406604 shares traded on 2025-05-30. In the past year, the highest stock price was 2000.8, and the lowest was 1244.2. Future price predictions suggest a range between 1859.0 and 2115.0, with an average expected price of 2008.0, as per 3 analysts.
Technicals
Aroon: Aroon's bearish trend continues, with Aroon Down staying at the 100 level. This persistent downward pressure suggests further declines, but further analysis with other indicators is needed to confirm the trend's potential impact for Patanjali Foods Limited. Aroon chart for Patanjali Foods 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 Patanjali Foods Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Patanjali Foods Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Patanjali Foods Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for PATANJALI. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Patanjali Foods Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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