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Technicals for Sun TV Network Limited
By MusingTheNews
2025-05-30 20:57
Overall Technical outlook
Price Summary
Sun TV Network Limited's stock saw a -2.08% slide, showcasing an poor market day. Sun TV Network Limited's stock, on 2025-05-30 opened at 643.0, climbed to a high of 643.3, dropped to a low of 627.0, and closed up -2.08% at 629.65, with 106490 shares traded. For the 52-week period, the stock's highest price is 916.85, and the lowest price is 560.95. The price outlook for SUNTV is between 650.0 and 955.0, with an average expectation of 761.1667, as estimated by 12 analysts.
Technicals
Support and Resistance: The price sits at 629.65, supported by 581.1 and resisted by 644.95. This indicates a trading range where 581.1 provides a floor, preventing declines, and 644.95 acts as a ceiling, limiting further price increases for SUNTV. Support/Resistance for SUNTV
Aroon: The current reading of the AROON is neutral for SUNTV, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Sun TV Network Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Sun TV Network Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for SUNTV. Parabolic Stop and Reverse chart for Sun TV Network Limited
Stochastic: The current reading of the STOCHASTIC is neutral for SUNTV, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Sun TV Network Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Sun TV Network Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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