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Technicals for Trident Limited
By MusingTheNews
2025-07-16 20:58
Overall Technical outlook
Price Summary
On 2025-07-16, Trident Limited's stock started at 31.36, soared to 31.82, dropped to 31.3, and finished the day 0.03% higher at 31.37, with a trading volume of 3629842 shares. The stock reached its highest price of 40.78 and its lowest price of 24.02 during the 52-week period.
Technicals
Support and Resistance: The current price of 31.37 for TRIDENT is supported at 30.85 and faces resistance at 32.38. These levels indicate that 30.85 could act as a floor, while 32.38 might limit any further price increases. Support/Resistance for TRIDENT
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Trident Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Trident Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Trident Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for TRIDENT. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Trident Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for TRIDENT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Trident Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for Trident Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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