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Technicals for Amber Enterprises India Limited
By MusingTheNews
2026-02-02 20:22
Overall Technical outlook
Price Summary
Amber Enterprises India Limited's stock started the year at 6028.0, climbed to a high of 6050.0, fell to 5813.5, and closed -0.48% lower at 5999.0, with 380630 shares traded on 2026-02-02. The stock reached its highest price of 8526.5 and lowest price of 5510.0 over the last 52 weeks. As per recommendations from 24 analysts, AMBER's future price is expected to span between 5591.0 and 10129.0, with a mean price around 8235.958.
Technicals
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Amber Enterprises India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Amber Enterprises India Limited
Parabolic SAR: The PSAR for AMBER has recently shifted from a bearish to a bullish direction, indicating a potential trend reversal. When combined with other indicators, this change could signal a strong bullish trend, provided it is supported by a broader market trend. Investors should consider this a positive development, especially if other indicators align with this shift. Parabolic Stop and Reverse chart for Amber Enterprises India Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Amber Enterprises India Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Amber Enterprises 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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