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Technicals for Tata Consultancy Services Limited
By MusingTheNews
2025-05-30 20:58
Overall Technical outlook
Price Summary
On 2025-05-30, Tata Consultancy Services Limited's stock began at 3490.0, peaked at 3506.7, declined to 3453.1, and ended the day -0.76% down at 3463.4, with 3402788 shares traded. Over the past year, the stock's highest price was 4553.75, and its lowest was 3231.5. Future price predictions suggest a range between 3000.0 and 5230.0, with an average expected price of 3855.889, as per 45 analysts.
Technicals
Support and Resistance: At 3463.4, the price is supported by 3298.9 and resisted by 3611.2. This indicates that the price for Tata Consultancy Services Limited might fluctuate between these levels, with 3298.9 acting as a support and 3611.2 limiting further upward movement. Support/Resistance for TCS
Aroon: The AROON 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. Aroon chart for Tata Consultancy Services Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Tata Consultancy Services Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Tata Consultancy Services Limited. Parabolic Stop and Reverse chart for Tata Consultancy Services Limited
Stochastic: The current reading of the STOCHASTIC is neutral for TCS, 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 Tata Consultancy Services Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Tata Consultancy Services Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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