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Technicals for Triveni Engineering & Industries Limited
By MusingTheNews
2025-05-30 21:00
Overall Technical outlook
Price Summary
On 2025-05-30, Triveni Engineering & Industries Limited's stock opened at 445.95, spiked to 448.55, declined to 436.0, and closed -1.75% lower at 438.15, with 258271 shares traded. Over the past year, the stock's highest price was 507.5, and its lowest was 305.35. The future price of TRIVENI is anticipated to range from 358.0 to 582.0, with an expected mean price of 489.2, according to the recommendations of 5 analysts.
Technicals
Support and Resistance: The price of 438.15 is supported at 423.4 and capped by resistance at 454.8. These levels mark key points for Triveni Engineering & Industries Limited where the price could find stability, with 423.4 as a floor and 454.8 as a ceiling. Support/Resistance for TRIVENI
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Triveni Engineering & Industries Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Triveni Engineering & Industries Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Triveni Engineering & Industries Limited
Stochastic: The STOCHASTIC is in a neutral stance for TRIVENI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Triveni Engineering & Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are currently aligned bearishly, indicating a downtrend for TRIVENI. However, the slower SMAs seem to be losing steam, hinting at a possible change. This weakening of the bearish momentum could signal an upcoming shift towards a bullish direction, suggesting that the market may soon experience a reversal from its current trend. Tripple SMA chart for Triveni Engineering & Industries Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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