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Technicals for APL Apollo Tubes Limited
By MusingTheNews
2025-06-13 20:20
Overall Technical outlook
Price Summary
A -3.01% decrease in APL Apollo Tubes Limited's stock marked an lousy day on the market. 2025-06-12, saw APLAPOLLO's stock open at 1893.0, hit a peak of 1893.0, fall to a low of 1828.0, and close lower -3.01% at 1836.1, with 361324 shares changing hands. The highest price the stock achieved in the past 52 weeks is 1920.9, while the lowest price it saw is 1303.05. The future price of APLAPOLLO is projected to range from 1161.0 to 2104.0, with an average expected price of 1854.8125, according to 16 analysts.
Technicals
Support and Resistance: The price for APLAPOLLO at 1836.1 finds support at 1591.75 and resistance at 1843.5. This suggests a trading range, where 1591.75 serves as a support level and 1843.5 acts as a resistance point, potentially capping further gains. Support/Resistance for APLAPOLLO
Aroon: The current reading of the AROON is neutral for APLAPOLLO, 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. Aroon chart for APL Apollo Tubes Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for APL Apollo Tubes Limited
Parabolic SAR: The PSAR has recently reversed from bullish to bearish, hinting at a possible market downturn. If this shift is supported by other trends, it could represent a significant bearish signal for APLAPOLLO. Investors should be cautious and seek further confirmation before making decisions. Parabolic Stop and Reverse chart for APL Apollo Tubes 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 APL Apollo Tubes Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for APLAPOLLO. Tripple SMA chart for APL Apollo Tubes Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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