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Technicals for Apollo Tyres Limited
By MusingTheNews
2025-06-13 20:23
Overall Technical outlook
Price Summary
On 2025-06-12, Apollo Tyres Limited's stock began at 462.4, peaked at 465.9, declined to 453.25, and ended the day -1.14% lower at 457.15, with 904008 shares traded. In the 52-week period, the stock's peak price is 564.25, and the lowest price recorded is 374.3. The price projection is between 398.0 and 600.0, with an average expected price around 522.4167, according to 24 analysts.
Technicals
Support and Resistance: At 457.15, the price is supported at 455.6 and faces resistance at 472.45. This range suggests that the price for APOLLOTYRE might stay between these levels, with 455.6 acting as a floor and 472.45 as a ceiling. Support/Resistance for APOLLOTYRE
Aroon: Aroon's bearish trend continues, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with other indicators is needed to fully assess the trend's implications. Aroon chart for Apollo Tyres Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for APOLLOTYRE, with no strong trend emerging. Bolinger Bands chart for Apollo Tyres Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Apollo Tyres Limited
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Apollo Tyres Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for Apollo Tyres Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Apollo Tyres Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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