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Technicals for Affle (India) Limited
By MusingTheNews
2025-04-25 20:21
Overall Technical outlook
Price Summary
Affle (India) Limited's stock started the year at 1590.4, climbed to a high of 1608.9, fell to 1544.5, and closed 0.79% higher at 1603.0, with 258160 shares traded on 2025-04-25. In the last 52 weeks, the stock's top price was 1852.45 and the bottom price was 1056.3. The anticipated price is forecasted to be between 1150.0 and 2000.0, with an average price expectation of 1791.8182, based on input from 11 analysts.
Technicals
Support and Resistance: At 1603.0, the price is supported by 1550.6 and resisted by 1664.8. This indicates that the price for Affle (India) Limited might fluctuate between these levels, with 1550.6 acting as a support and 1664.8 limiting further upward movement. Support/Resistance for AFFLE
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Affle (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Affle (India) Limited
Parabolic SAR: The PSAR for AFFLE 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 Affle (India) Limited
Stochastic: The stochastic indicator signals a bullish outlook, with the K-line above the D-line and the 80 threshold. This configuration points to strong upward momentum, implying that the market may continue to rise. Investors might see this as a positive indication of potential upward movement. Stochastic chart for Affle (India) Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Affle (India) Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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