Overall Technical outlook

Price Summary

In today's trading session, SUPREMEIND's shares tumbled by -2.38%, marking a awful day.
On 2025-05-30, The Supreme Industries Limited's stock opened at 4247.4, spiked to 4267.3, declined to 4089.2, and closed -2.38% down at 4146.2, with 1135793 shares traded.
The stock's highest price over the 52-week span is 6186.3, while the lowest price is 3112.4.
The projected price range for The Supreme Industries Limited is between 3016.0 and 6458.0, with an expected mean price of 4119.56, according to 25 analysts.

Technicals

Support and Resistance: At 4146.2, the price for SUPREMEIND is supported at 3617.4 and resisted at 4289.3. This indicates a trading range where 3617.4 serves as a support level, potentially preventing further decline, while 4289.3 could limit upward movement.
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Support/Resistance for SUPREMEIND


Aroon: The AROON 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 SUPREMEIND, with no strong trend emerging.
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Aroon chart for The Supreme Industries Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for The Supreme Industries Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for The Supreme Industries Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for The Supreme Industries Limited


Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction.
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Stochastic chart for The Supreme Industries Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Tripple SMA chart for The Supreme Industries 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.