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Technicals for Zee Entertainment Enterprises Limited
By MusingTheNews
2025-05-30 21:03
Overall Technical outlook
Price Summary
On 2025-05-30, Zee Entertainment Enterprises Limited's stock began at 128.0, peaked at 131.4, bottomed at 126.14, and closed 1.89% up at 130.42, with a volume of 7632700 shares. In the last 52 weeks, the stock's top price was 166.8 and the bottom price was 90.17. 19 analysts forecast that the price of ZEEL will range from 100.0 to 200.0, with an average expected price near 146.15788.
Technicals
Support and Resistance: The price of 130.42 is supported at 125.13 and capped by resistance at 132.73. These levels mark key points for Zee Entertainment Enterprises Limited where the price could find stability, with 125.13 as a floor and 132.73 as a ceiling. Support/Resistance for ZEEL
Aroon: The current state of the AROON 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. Aroon chart for Zee Entertainment Enterprises Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Zee Entertainment Enterprises Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Zee Entertainment Enterprises Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Zee Entertainment Enterprises Limited
Stochastic: The stochastic indicator signals a bullish outlook, with the K-line above the D-line and the 80 threshold. This configuration points to strong upward momentum, implying that the market may continue to rise. Investors might see this as a positive indication of potential upward movement. Stochastic chart for Zee Entertainment Enterprises Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory. Tripple SMA chart for Zee Entertainment Enterprises 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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