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Technicals for Apollo Tyres Limited
By MusingTheNews
2025-10-17 20:23
Overall Technical outlook
Price Summary
Apollo Tyres Limited's stock opened at 487.2 on 2025-10-16, surged to 490.6, hit a low of 484.7, and closed up 0.56% at 489.95, with 742613 shares traded. Over the course of 52 weeks, the stock peaked at 549.1 and hit a low of 374.3. APOLLOTYRE's future price is expected to lie between 425.0 and 615.0, with an average expectation of 519.5833, as per the recommendations of 24 analysts.
Technicals
Support and Resistance: At 489.95, the price is supported by 472.45 and resisted by 494.25. This indicates that the price for Apollo Tyres Limited might fluctuate between these levels, with 472.45 acting as a support and 494.25 limiting further upward movement. Support/Resistance for APOLLOTYRE
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Apollo Tyres Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Apollo Tyres Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Apollo Tyres Limited
Stochastic: The current state of the STOCHASTIC is neutral for APOLLOTYRE, 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. Stochastic chart for Apollo Tyres Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages reflects a bearish trend, signaling a downtrend. Despite this, the slower SMAs seem to be losing steam, hinting at a possible change. This weakening in the bearish trend may suggest that the market is preparing for a bullish pivot, with a potential reversal in direction occurring soon. Tripple SMA chart for Apollo Tyres Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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