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Technicals for Sterling and Wilson Renewable Energy Limited
By MusingTheNews
2025-07-16 20:54
Overall Technical outlook
Price Summary
2025-07-15, saw SWSOLAR's stock open at 336.1, hit a peak of 341.0, fall to a low of 330.45, and close lower -0.89% at 333.1, with 2551477 shares changing hands. Over the past 52 weeks, the stock reached a maximum price of 741.85 and a minimum price of 219.45.
Technicals
Support and Resistance: The current price of 333.1 for SWSOLAR finds support at 329.1 and resistance at 457.65. These levels define a range in which the price might oscillate, with 329.1 as a potential support and 457.65 as a resistance level. Support/Resistance for SWSOLAR
Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation. Aroon chart for Sterling and Wilson Renewable Energy Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for SWSOLAR, 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. Bolinger Bands chart for Sterling and Wilson Renewable Energy Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Sterling and Wilson Renewable Energy Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Sterling and Wilson Renewable Energy 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 SWSOLAR. Tripple SMA chart for Sterling and Wilson Renewable Energy Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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