Overall Technical outlook

Price Summary

A -9.14% plunge in Welspun Living Limited's stock marked an poor day on the market.
Welspun Living Limited's stock, on 2025-05-30 opened at 146.0, climbed to a high of 146.36, dropped to a low of 131.68, and closed up -9.14% at 132.66, with 12919989 shares traded.
The stock's highest price in the past 52 weeks is 207.26, while its lowest price during the same period is 106.92.
WELSPUNLIV's future price is expected to lie between 156.0 and 210.0, with an average expectation of 184.33333, as per the recommendations of 9 analysts.

Technicals

Support and Resistance: The current price of 132.66 for WELSPUNLIV finds support at 119.02 and resistance at 139.45. These levels define a range in which the price might oscillate, with 119.02 as a potential support and 139.45 as a resistance level.
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Support/Resistance for WELSPUNLIV


Aroon: The AROON indicator reflects a strong bearish trend for WELSPUNLIV, with Aroon Down moving higher and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum. The steady low reading of the Aroon Oscillator suggests that the price may face further declines.
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Aroon chart for Welspun Living Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Bolinger Bands chart for Welspun Living Limited


Parabolic SAR: The PSAR has just turned from bullish to bearish for Welspun Living Limited, hinting at a possible market downturn. If this move is corroborated by other indicators, it could signal a strong bearish trend. Investors should be cautious and wait for additional confirmation before making decisions.
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Parabolic Stop and Reverse chart for Welspun Living Limited


Stochastic: The STOCHASTIC is in a neutral stance for WELSPUNLIV, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Welspun Living Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages indicates a bearish trend, with continued downward momentum. However, the slower SMAs appear to be losing steam, which may suggest a potential pivot. This weakening in the bearish trend could be an early indication that the market is preparing to shift towards a bullish direction, with a possible reversal on the horizon.
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Tripple SMA chart for Welspun Living Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.