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Technicals for Apollo Tyres Limited
By MusingTheNews
2026-02-02 20:23
Overall Technical outlook
Price Summary
Apollo Tyres Limited's stock started the year at 485.0, climbed to a high of 487.95, fell to 474.85, and closed -0.4% down at 483.05, with 799111 shares traded on 2026-02-02. In the past year, the highest stock price was 536.9, and the lowest was 374.3. As per recommendations from 24 analysts, APOLLOTYRE's future price is expected to span between 449.0 and 650.0, with a mean price around 569.3333.
Technicals
Support and Resistance: The current price sits at 483.05, supported at 446.65 and capped by resistance at 483.45. These levels define a range for APOLLOTYRE where the price might stabilize, with 446.65 as a floor and 483.45 as a ceiling. Support/Resistance for APOLLOTYRE
Aroon: Aroon's bearish trend persists, with Aroon Down staying at the 100 level. This consistent bearish momentum suggests further declines, but a more detailed analysis using other indicators is necessary to confirm the trend's future direction. Aroon chart for Apollo Tyres Limited
Bol. Bands: The price has crossed below the lower Bollinger Band, indicating a potential oversold condition in the market. This downward movement suggests that selling pressure has been strong enough to push prices below a critical support level. While the breach could mean the bearish trend will continue, it also raises the possibility of a reversal if buyers step in at these lower levels. Bolinger Bands chart for Apollo Tyres Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Apollo Tyres Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Apollo Tyres Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Apollo Tyres Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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