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Technicals for Abbott India Limited
By MusingTheNews
2025-10-17 20:20
Overall Technical outlook
Price Summary
On 2025-10-16, ABBOTINDIA's stock opened at 29850.0, reached a peak of 29950.0, dropped to 29670.0, and ended -0.05% lower at 29835.0, with a volume of 7862 shares. During the past 52 weeks, the highest stock price was 35670.0, and the lowest was 25501.85. The price outlook for ABBOTINDIA is between 28700.0 and 39148.0, with an average expectation of 34487.25, as estimated by 8 analysts.
Technicals
Support and Resistance: The price currently sits at 29835.0, finding support at 29705.0 and resistance at 30725.0. These levels define a range for Abbott India Limited where the price may move, with 29705.0 offering a base and 30725.0 limiting upward momentum. Support/Resistance for ABBOTINDIA
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Abbott India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Abbott India Limited
Parabolic SAR: The PSAR for ABBOTINDIA continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Abbott India Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Abbott India Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for Abbott India 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.
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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