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Technicals for SJVN Limited
By MusingTheNews
2025-05-30 20:54
Overall Technical outlook
Price Summary
On 2025-05-30, SJVN Limited's shares started at 98.1, peaked at 99.89, bottomed out at 95.84, and ended -1.83% lower at 96.3, with 25292264 shares traded. Over the previous 52 weeks, the stock reached a high of 153.78 and a low of 82.0. SJVN's future price is expected to lie between 46.0 and 129.0, with an average expectation of 84.25, as per the recommendations of 4 analysts.
Technicals
Support and Resistance: The price sits at 96.3, supported by 90.6 and resisted by 98.9. This indicates a trading range where 90.6 provides a floor, preventing declines, and 98.9 acts as a ceiling, limiting further price increases for SJVN. Support/Resistance for SJVN
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for SJVN, with no strong trend emerging. Aroon chart for SJVN Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for SJVN, 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 SJVN Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, suggesting a potential trend reversal. This shift could be a very bearish signal if supported by other market indicators. Traders should be on the lookout for additional signs of a broader downward trend. Parabolic Stop and Reverse chart for SJVN Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for SJVN Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages reflect a bearish trend, with downward momentum. Despite this, the slower SMAs are showing signs of losing steam, suggesting a potential shift. This weakening in the bearish trend could indicate that the market is preparing for a bullish pivot, as the current downward pressure begins to falter, possibly leading to a reversal soon. Tripple SMA chart for SJVN 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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