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Technicals for The Supreme Industries Limited
By MusingTheNews
2025-09-04 20:42
Overall Technical outlook
Price Summary
The Supreme Industries Limited's stock, on 2025-09-04 opened at 4635.0, climbed to a high of 4642.7, dropped to a low of 4548.4, and closed up -0.97% at 4589.9, with 74360 shares traded. The peak price for the stock in the past 52 weeks is 5533.5, with the lowest price being 3112.4. According to 24 analysts, the future price is anticipated to vary between 3265.0 and 5350.0, with an average expected price of around 4422.0.
Technicals
Support and Resistance: With the current price at 4589.9, support is found at 4472.9 and resistance at 4644.4. These levels indicate where buyers might step in at 4472.9, while sellers could limit gains at 4644.4, defining a trading boundary for The Supreme Industries Limited. 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. Aroon chart for The Supreme Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for The Supreme Industries Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for The Supreme Industries Limited
Stochastic: The stochastic indicator for The Supreme Industries Limited reflects a bullish sentiment, as the K-line is above both the D-line and the 80 threshold. This setup points to strong upward momentum, implying that the market may continue to rise. Traders could consider this as an indication of sustained bullish activity. Stochastic chart for The Supreme Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for SUPREMEIND. Tripple SMA chart for The Supreme Industries Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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