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Technicals for Sterlite Technologies Limited
By MusingTheNews
2025-05-30 20:56
Overall Technical outlook
Price Summary
Sterlite Technologies Limited's stock opened at 71.3 on 2025-05-30, surged to a high of 72.76, hit a low of 69.76, and closed up 0.9% at 71.94, with 685362 shares traded. The stock's highest price in the past 52 weeks is 148.55, while its lowest price during the same period is 59.48.
Technicals
Support and Resistance: At 71.94, the price is supported by 65.05 and resisted by 81.67. This indicates that the price for Sterlite Technologies Limited might fluctuate between these levels, with 65.05 acting as a support and 81.67 limiting further upward movement. Support/Resistance for STLTECH
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for STLTECH. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Sterlite Technologies Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Sterlite Technologies 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 Sterlite Technologies Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Sterlite Technologies 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 Sterlite Technologies Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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