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Technicals for Solar Industries India Limited
By MusingTheNews
2025-05-30 20:56
Overall Technical outlook
Price Summary
Solar Industries India Limited's stock started trading at 16305.0 on 2025-05-30, climbed to 16305.0, fell to 15950.0, and closed -1.23% lower at 16104.0, with 275740 shares traded. The stock's highest price over the 52-week span is 16249.0, while the lowest price is 8609.2. 5 analysts estimate that the future price of SOLARINDS will fall between 9620.0 and 16000.0, with an average price expectation of approximately 12453.0.
Technicals
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong market momentum, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the market's direction. Aroon chart for Solar Industries India Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Solar Industries India Limited
Parabolic SAR: The PSAR for SOLARINDS maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Solar Industries India Limited
Stochastic: The stochastic indicator shows a bullish signal, with the K-line exceeding both the D-line and the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors could consider this a favorable sign for continued market growth for Solar Industries India Limited. Stochastic chart for Solar Industries India 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 SOLARINDS. Tripple SMA chart for Solar Industries India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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