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Technicals for Persistent Systems Limited
By MusingTheNews
2025-07-16 20:49
Overall Technical outlook
Price Summary
Persistent Systems Limited's stock started the year at 5629.0, climbed to a high of 5665.0, fell to 5565.5, and closed -0.84% lower at 5581.5, with 526226 shares traded on 2025-07-15. For the 52-week period, the stock's highest price is 6674.2, and the lowest price is 4402.75. As per recommendations from 33 analysts, PERSISTENT's future price is expected to span between 3645.0 and 7730.0, with a mean price around 5594.697.
Technicals
Support and Resistance: The price for PERSISTENT at 5581.5 finds support at 5531.3 and resistance at 5910.3. This suggests a trading range, where 5531.3 serves as a support level and 5910.3 acts as a resistance point, potentially capping further gains. Support/Resistance for PERSISTENT
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Persistent Systems Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for PERSISTENT, 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 Persistent Systems Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Persistent Systems Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while remaining below 20, indicating a potential bullish move. This setup is often viewed as a signal that the market might begin to rise from a low point, potentially marking the start of an upward trend. Investors might see this as an early entry opportunity. Stochastic chart for Persistent Systems Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Persistent Systems Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make 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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