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Technicals for SBI Cards and Payment Services Limited
By MusingTheNews
2025-05-30 20:54
Overall Technical outlook
Price Summary
On 2025-05-30, SBI Cards and Payment Services Limited's stock opened at 914.8, reached 929.0, hit a low of 909.05, and rose 0.68% to close at 921.05, with 2349239 shares traded. Over the past year, the stock's highest price was 926.55, and its lowest was 663.85. According to 24 analysts, the price of SBICARD in the future is projected to be between 620.0 and 1070.0, with an average expected price of 887.0417.
Technicals
Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for SBICARD. Aroon chart for SBI Cards and Payment Services Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for SBI Cards and Payment Services Limited
Parabolic SAR: The PSAR continues to be bullish for SBICARD, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for SBI Cards and Payment Services Limited
Stochastic: The K-line is now below the D-line on the stochastic indicator, though it remains above 80, pointing to a possible bearish price move. This could be an early warning that the market's upward trend is weakening, potentially leading to a reversal. Investors should be cautious and watch for further bearish signals. Stochastic chart for SBI Cards and Payment Services Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for SBICARD. Tripple SMA chart for SBI Cards and Payment Services Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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