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Technicals for Adani Green Energy Limited
By MusingTheNews
2025-08-15 20:21
Overall Technical outlook
Price Summary
2025-08-13, saw ADANIGREEN's stock open at 932.1, hit a peak of 938.45, fall to a low of 919.5, and close down -0.85% at 924.15, with 1023575 shares changing hands. During the 52-week span, the stock hit a high of 2070.55 and a low of 768.55. According to 7 analysts, the price of ADANIGREEN in the future is projected to be between 792.0 and 1522.0, with an average expected price of 1231.2858.
Technicals
Support and Resistance: At 924.15, the price is held up by support at 853.45 and faces resistance at 954.25 for ADANIGREEN. This suggests a trading range where 853.45 provides a base and 954.25 limits upward movement. Support/Resistance for ADANIGREEN
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Adani Green Energy Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Adani Green Energy Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Adani Green Energy Limited. Parabolic Stop and Reverse chart for Adani Green Energy Limited
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling the likely start of a bullish move. This setup suggests that the market may be beginning to rise from a low level, potentially leading to an uptrend. Traders might interpret this as a positive entry signal. Stochastic chart for Adani Green Energy Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for ADANIGREEN, 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. Tripple SMA chart for Adani Green Energy 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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