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Technicals for Sun Pharmaceutical Industries Limited
By MusingTheNews
2025-07-16 20:54
Overall Technical outlook
Price Summary
On 2025-07-15, Sun Pharmaceutical Industries Limited's stock opened at 1705.0, peaked at 1730.9, hit a low of 1687.9, and closed 1.32% up at 1727.5, with 3332399 shares changing hands. The highest price the stock achieved in the past 52 weeks is 1948.7, while the lowest price it saw is 1566.5. According to 36 analysts, the future price is anticipated to vary between 1475.0 and 2450.0, with an average expected price of around 1981.4445.
Technicals
Support and Resistance: The price of 1727.5 is supported at 1705.5 and encounters resistance at 1822.2. This suggests key levels where the price might find stability, with 1705.5 providing a base and 1822.2 acting as an upper boundary for SUNPHARMA. Support/Resistance for SUNPHARMA
Aroon: The AROON indicator suggests a robust bullish trend, with the Aroon Up rising and the Aroon Oscillator reversing. This indicates a potential upward trend reversal, signaling that market sentiment is becoming more positive. Investors may anticipate continued upward movement, as the AROON's signals point to a shift in market dynamics favoring a bullish outlook. Aroon chart for Sun Pharmaceutical Industries Limited
Bol. Bands: The price remains above the upper Bollinger Band, where it has been since its last upward move. This indicates strong bullish momentum and suggests that the asset could be in an overbought condition. Traders might view this as a sign of continued strength, but the extended period above the band also raises the possibility of an impending correction or pullback. Bolinger Bands chart for Sun Pharmaceutical Industries Limited
Parabolic SAR: The PSAR has just reversed from bearish to bullish, indicating a possible trend change. When considered with other indicators, this shift could be a very bullish signal if supported by broader market trends. Investors should look for additional confirmation to gauge the strength of this potential upward movement. Parabolic Stop and Reverse chart for Sun Pharmaceutical Industries Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. 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
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's 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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