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Technicals for Sun Pharmaceutical Industries Limited
By MusingTheNews
2025-09-05 20:43
Overall Technical outlook
Price Summary
2025-09-05, saw SUNPHARMA's stock open at 1582.4, hit a peak of 1599.3, fall to a low of 1575.5, and close higher 0.71% at 1593.6, with 1814149 shares changing hands. The stock's peak price over the last 52 weeks is 1948.7, with the lowest being 1563.3. Based on recommendations from 37 analysts, the future price of SUNPHARMA is expected to range from 1525.0 to 2450.0, with an average price expectation around 1941.4054.
Technicals
Support and Resistance: The current price of 1593.6 for SUNPHARMA finds support at 1598.4 and resistance at 1598.4. These levels define a range in which the price might oscillate, with 1598.4 as a potential support and 1598.4 as a resistance level. Support/Resistance for SUNPHARMA
Aroon: The current reading of the AROON 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. Aroon chart for Sun Pharmaceutical Industries Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Sun Pharmaceutical Industries Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Sun Pharmaceutical Industries Limited
Parabolic SAR: The PSAR remains bearish for Sun Pharmaceutical Industries Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Sun Pharmaceutical Industries Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Sun Pharmaceutical Industries Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Sun Pharmaceutical Industries Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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