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Technicals for Trident Limited
By MusingTheNews
2025-05-30 21:00
Overall Technical outlook
Price Summary
Trident Limited's stock began trading at 32.16 on 2025-05-30, soared to 32.3, dipped to 31.5, and finished the day -1.15% down at 31.79, with 6807873 shares exchanged. Over the course of 52 weeks, the stock peaked at 40.78 and hit a low of 24.02.
Technicals
Support and Resistance: The price currently sits at 31.79, finding support at 29.74 and resistance at 33.44. These levels define a range for Trident Limited where the price may move, with 29.74 offering a base and 33.44 limiting upward momentum. Support/Resistance for TRIDENT
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Trident Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Trident Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Trident Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Trident Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for TRIDENT, 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. 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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