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Technicals for Usha Martin Limited
By MusingTheNews
2025-05-30 21:01
Overall Technical outlook
Price Summary
Usha Martin Limited's stock opened at 310.35 on 2025-05-30, surged to 312.45, hit a low of 308.55, and closed up -0.11% at 310.0, with 474923 shares traded. The peak price for the stock in the past 52 weeks is 440.85, with the lowest price being 289.25.
Technicals
Support and Resistance: At 310.0, the price is held up by support at 305.5 and faces resistance at 319.8 for USHAMART. This suggests a trading range where 305.5 provides a base and 319.8 limits upward movement. Support/Resistance for USHAMART
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for USHAMART, with no strong trend emerging. Aroon chart for Usha Martin Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Usha Martin Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Usha Martin Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Usha Martin 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. Stochastic chart for Usha Martin Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Usha Martin Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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