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Technicals for Affle (India) Limited
By MusingTheNews
2025-06-13 20:21
Overall Technical outlook
Price Summary
Affle (India) Limited's stock began trading at 1922.5 on 2025-06-12, soared to 1946.1, dipped to 1890.0, and finished the day -1.24% lower at 1898.7, with 307746 shares exchanged. The stock reached its highest price of 1939.0 and its lowest price of 1236.25 during the 52-week period. The expected price range is between 1150.0 and 2000.0, with a mean anticipated price of 1808.1818, according to 11 analysts.
Technicals
Support and Resistance: The price is currently at 1898.7, supported by 1769.1 and resisted by 1939.0. This indicates a range where 1769.1 may provide a base for the price, while 1939.0 serves as a cap on further upward movement for AFFLE. Support/Resistance for AFFLE
Aroon: The AROON 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. 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 maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Affle (India) Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Affle (India) Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Affle (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 AFFLE 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 Affle (India) Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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