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Technicals for Welspun Corp Limited
By MusingTheNews
2025-12-15 21:02
Overall Technical outlook
Price Summary
Welspun Corp Limited's stock opened at 795.35 on 2025-12-15, surged to 803.0, dropped to 783.4, and ended 0.07% higher at 795.9, with 625783 shares traded. Over the previous 52 weeks, the stock reached a high of 966.3 and a low of 697.95. As per recommendations from 4 analysts, WELCORP's future price is expected to span between 892.0 and 1225.0, with a mean price around 1113.25.
Technicals
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Welspun Corp Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Welspun Corp Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Welspun Corp Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Welspun Corp Limited
Stochastic: The stochastic indicator for WELCORP shows the K-line crossing over the D-line while remaining below 20, which is generally seen as the start of a bullish move. This setup indicates that the market may be emerging from a lower level, potentially signaling the beginning of an uptrend. Traders could view this as an early buying signal. Stochastic chart for Welspun Corp Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for WELCORP, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for Welspun Corp Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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