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Technicals for Sun Pharmaceutical Industries Limited
By MusingTheNews
2025-05-30 20:57
Overall Technical outlook
Price Summary
Sun Pharmaceutical Industries Limited's stock opened at 1702.0 on 2025-05-30, surged to a high of 1713.6, hit a low of 1669.1, and closed up -1.43% at 1677.6, with 3640552 shares traded. Over the past 52 weeks, the stock reached a maximum price of 1948.7 and a minimum price of 1429.85. Future price predictions suggest a range between 1500.0 and 2450.0, with an average expected price of 2047.8918, as per 37 analysts.
Technicals
Support and Resistance: The current price of 1677.6 for SUNPHARMA finds support at 1593.25 and resistance at 1705.5. These levels define a range in which the price might oscillate, with 1593.25 as a potential support and 1705.5 as a resistance level. Support/Resistance for SUNPHARMA
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Sun Pharmaceutical Industries Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Sun Pharmaceutical Industries Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for SUNPHARMA. Parabolic Stop and Reverse chart for Sun Pharmaceutical Industries Limited
Stochastic: The STOCHASTIC 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 SUNPHARMA, with no strong trend emerging. Stochastic chart for Sun Pharmaceutical Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Sun Pharmaceutical Industries Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall 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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