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Technicals for Syrma SGS Technology Limited
By MusingTheNews
2025-12-15 20:58
Overall Technical outlook
Price Summary
The stock of Syrma SGS Technology Limited experienced a -3.29% slide, showcasing a poor market performance. On 2025-12-10, SYRMA's stock began at 759.1, peaked at 760.65, dipped to 730.1, and closed up -3.29% at 734.1, with a volume of 859721 shares. Over the past 52 weeks, the stock reached a maximum price of 903.1 and a minimum price of 413.75. 22 analysts suggest that SYRMA's future price will lie between 685.0 and 1255.0, with an average expected price of roughly 922.63635.
Technicals
Support and Resistance: The price for SYRMA is 734.1, with support at 673.3 and resistance at 767.4. This suggests a range where 673.3 acts as a base, preventing declines, and 767.4 caps gains, defining key trading levels. Support/Resistance for SYRMA
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Syrma SGS Technology Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for SYRMA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Syrma SGS Technology Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Syrma SGS Technology Limited
Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is likely for SYRMA. This configuration suggests that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal for potential growth. Stochastic chart for Syrma SGS Technology Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned bearishly, with their slopes reinforcing the strength of this trend. The consistent decline in these averages suggests that the market is entrenched in a bearish trend. This alignment and the reinforcing slopes indicate a continuing bearish trend, with the market likely to maintain its downward trajectory for the foreseeable future. Tripple SMA chart for Syrma SGS Technology Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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