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Technicals for Affle (India) Limited
By MusingTheNews
2026-02-02 20:22
Overall Technical outlook
Price Summary
Affle (India) Limited's stock began trading at 1599.9 on 2026-02-02, soared to 1610.0, dipped to 1558.0, and finished the day -0.31% lower at 1594.9, with 251302 shares exchanged. The stock's highest price over the 52-week span is 2146.7, while the lowest price is 1400.25. The future price of AFFLE is projected to range from 1520.0 to 2295.0, with an average expected price of 2048.182, according to 11 analysts.
Technicals
Aroon: The current state of the AROON is neutral for AFFLE, 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. Aroon chart for Affle (India) Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for AFFLE, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Affle (India) Limited
Parabolic SAR: The PSAR for AFFLE has moved from a bearish to a bullish stance, potentially signaling a trend change. When considered with other indicators, this reversal could be a very bullish signal if supported by a trend. Investors should watch for additional confirmation before fully committing to this potential opportunity. Parabolic Stop and Reverse chart for Affle (India) Limited
Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20. This setup is typically viewed as the beginning of a bullish move, suggesting that the market might soon experience upward momentum. Traders could see this as an opportunity to enter at a favorable point. Stochastic chart for Affle (India) Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. Tripple SMA chart for Affle (India) Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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