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Technicals for Star Health and Allied Insurance Company Limited
By MusingTheNews
2025-05-30 20:56
Overall Technical outlook
Price Summary
Star Health and Allied Insurance Company Limited's stock opened at 476.0 on 2025-05-30, surged to 481.25, dropped to 473.05, and ended 0.35% higher at 477.65, with 1563407 shares traded. Throughout the 52-week period, the stock hit a high of 637.75 and a low of 343.1. 22 analysts estimate that the future price of STARHEALTH will fall between 380.0 and 640.0, with an average price expectation of approximately 459.13635.
Technicals
Support and Resistance: The current price of 477.65 is supported at 463.5, with resistance at 493.15. This suggests that the price for STARHEALTH might remain between these levels, where 463.5 acts as a floor and 493.15 as a ceiling in the market. Support/Resistance for STARHEALTH
Aroon: The current state of the AROON is neutral for STARHEALTH, 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. Aroon chart for Star Health and Allied Insurance Company Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Star Health and Allied Insurance Company Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Star Health and Allied Insurance Company Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Star Health and Allied Insurance Company Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Star Health and Allied Insurance Company Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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