Technicals for The Supreme Industries Limited

Price Summary

The Supreme Industries Limited's stock, on 2026-07-01 opened at 3181.4, climbed to a high of 3231.2, dropped to a low of 3141.0, and closed up 1.25% at 3221.2, with 365553 shares traded.
Throughout the 52-week period, the stock hit a high of 4637.8 and a low of 3157.8.

Technicals

Aroon: Aroon's bearish trend remains strong, with Aroon Down still at the 100 level. This suggests ongoing downward pressure. However, this trend should be further explored using additional indicators to gain a clearer understanding of its long-term significance.


Bol. Bands: The current price has crossed above the lower Bollinger Band in the latest move, having previously been lower than the band. This upward movement might indicate a recovery from oversold conditions, suggesting that the bearish trend could be weakening. The crossover is a sign that the market may be transitioning to a more bullish or stabilized phase.


Parabolic SAR: The PSAR remains bearish for The Supreme Industries Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.


Stochastic: The K-line has moved above the D-line on the stochastic indicator for SUPREMEIND, even as it stays below 20, often considered the start of a bullish move. This suggests that the market might be in the early stages of a recovery, leading to potential gains. Investors may see this as an indication of rising momentum.


Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction.


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.