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Technicals for Torrent Pharmaceuticals Limited
By MusingTheNews
2025-07-16 20:57
Overall Technical outlook
Price Summary
On 2025-07-16, Torrent Pharmaceuticals Limited's stock opened at 3439.0, peaked at 3465.6, hit a low of 3421.3, and closed 0.6% higher at 3459.5, with 612806 shares changing hands. In the last 52 weeks, the stock's top price was 3557.25 and the bottom price was 2930.3. As per recommendations from 28 analysts, TORNTPHARM's future price is expected to span between 2930.0 and 4232.0, with a mean price around 3593.6785.
Technicals
Aroon: The AROON is currently in a neutral position for Torrent Pharmaceuticals Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Torrent Pharmaceuticals Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Torrent Pharmaceuticals Limited
Parabolic SAR: The PSAR continues to be bullish for TORNTPHARM, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Torrent Pharmaceuticals Limited
Stochastic: The stochastic indicator signals a bullish mood, with the K-line above both the D-line and the 80 threshold. This configuration indicates strong upward momentum, suggesting that the market may continue its upward trend. Traders could consider this a positive indication of strength for TORNTPHARM. Stochastic chart for Torrent Pharmaceuticals Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for Torrent Pharmaceuticals 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.
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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