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Technicals for Abbott India Limited
By MusingTheNews
2025-06-13 20:20
Overall Technical outlook
Price Summary
On 2025-06-12, Abbott India Limited's stock began at 31640.0, peaked at 31850.0, bottomed at 31400.0, and closed -0.21% lower at 31575.0, with a volume of 9055 shares. The stock reached its highest price of 31810.0 and lowest price of 25501.85 over the last 52 weeks. 8 analysts predict that the future price of ABBOTINDIA will be in the range of 28500.0 to 35750.0, with a mean expected price of about 33417.5.
Technicals
Support and Resistance: The current price sits at 31575.0, supported at 31435.0 and capped by resistance at 31435.0. These levels define a range for ABBOTINDIA where the price might stabilize, with 31435.0 as a floor and 31435.0 as a ceiling. Support/Resistance for ABBOTINDIA
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Abbott India Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Abbott India Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for ABBOTINDIA. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Abbott India Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ABBOTINDIA, with no strong trend emerging. Stochastic chart for Abbott India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for ABBOTINDIA is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for Abbott India 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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