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Technicals for Adani Enterprises Limited
By MusingTheNews
2025-04-25 20:21
Overall Technical outlook
Price Summary
The stock of ADANIENT tumbled -3.91% today, reflecting a poor market performance. Adani Enterprises Limited's stock opened at 2450.1 on 2025-04-25, surged to a high of 2459.5, hit a low of 2323.5, and closed up -3.91% at 2354.3, with 1412594 shares traded. For the 52-week period, the stock's highest price is 3645.25, and the lowest price is 2096.0.
Technicals
Support and Resistance: The current price for ADANIENT is 2354.3, supported at 2338.95 with resistance at 2437.1. This indicates a trading range where 2338.95 might prevent further declines, while 2437.1 could hinder additional gains. Support/Resistance for ADANIENT
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for ADANIENT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Adani Enterprises Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Adani Enterprises Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for ADANIENT. Parabolic Stop and Reverse chart for Adani Enterprises Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for ADANIENT. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for Adani Enterprises Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Adani Enterprises Limited
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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