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Technicals for Zydus Lifesciences Limited
By MusingTheNews
2025-05-30 21:03
Overall Technical outlook
Price Summary
On 2025-05-30, ZYDUSLIFE's stock started at 929.0, reached a high of 934.0, fell to 917.3, and ended 0.11% up at 930.0, with 1896230 shares traded. The stock's highest price over the 52-week span is 1300.9, while the lowest price is 822.1. The future price of ZYDUSLIFE is anticipated to range from 794.0 to 1365.0, with an expected mean price of 1050.75, according to the recommendations of 32 analysts.
Technicals
Support and Resistance: The current price is 930.0, with support at 910.25 and resistance at 982.1. This range suggests that the price might move between these levels, with 910.25 offering support and 982.1 capping further gains for Zydus Lifesciences Limited. Support/Resistance for ZYDUSLIFE
Aroon: The bullish trend in Aroon continues for ZYDUSLIFE, with Aroon Up maintaining its position at the 100 level. This suggests sustained upward momentum, but further analysis is needed, especially in combination with other indicators, to confirm the trend's future prospects. Aroon chart for Zydus Lifesciences 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 Zydus Lifesciences Limited
Parabolic SAR: The PSAR for ZYDUSLIFE maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Zydus Lifesciences Limited
Stochastic: The K-line for ZYDUSLIFE has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Zydus Lifesciences Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for ZYDUSLIFE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Zydus Lifesciences 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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