More about Devyani International Limited
Fundamentals for Devyani International Limited
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Technicals for Devyani International Limited
Price Summary
Devyani International Limited's stock began trading at 126.4 on 2026-04-30, soared to 126.4, dipped to 121.11, and finished the day -1.32% down at 124.73, with 9058783 shares exchanged.Over the past 52 weeks, the stock reached a maximum price of 188.9 and a minimum price of 94.59.
DEVYANI's future price is expected to lie between 125.0 and 192.0, with an average expectation of 150.78261, as per the recommendations of 23 analysts.
Technicals
Support and Resistance: The current price of 124.73 for DEVYANI finds support at 113.2 and resistance at 129.02. These levels define a range in which the price might oscillate, with 113.2 as a potential support and 129.02 as a resistance level.Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for DEVYANI. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
Bol. Bands: The price is above the upper Bollinger Band and has been since its last rise. This could indicate that DEVYANI is experiencing strong bullish momentum and may be in an overbought condition. Traders might see this as a sign of continued strength, but they should also be prepared for a potential correction or pullback, as extended periods above the band can precede reversals.
Parabolic SAR: The PSAR continues to be bullish for DEVYANI, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
Stochastic: With the K-line above both the D-line and the 80 mark, the stochastic indicator signals a bullish trend. This configuration suggests that the market is experiencing strong upward momentum, likely leading to further gains. Investors may see this as a favorable condition for potential growth.
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for DEVYANI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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