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Technicals for Apollo Tyres Limited
By MusingTheNews
2025-04-25 20:23
Overall Technical outlook
Price Summary
In today's trading, Apollo Tyres Limited's stock declined by -2.33%, showcasing an awful market day. 2025-04-25, saw APOLLOTYRE's stock open at 472.4, hit a peak of 474.35, fall to a low of 455.45, and close lower -2.33% at 461.4, with 1520150 shares changing hands. The stock's peak price over the last 52 weeks is 564.25, with the lowest being 374.3. Analysts predict that the future price will fluctuate between 367.0 and 600.0, with the mean expected price being approximately 506.58334.
Technicals
Support and Resistance: At 461.4, the price is held up by support at 443.15 and faces resistance at 482.45 for APOLLOTYRE. This suggests a trading range where 443.15 provides a base and 482.45 limits upward movement. Support/Resistance for APOLLOTYRE
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for Apollo Tyres Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Apollo Tyres Limited
Parabolic SAR: The PSAR continues to be bullish for APOLLOTYRE, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Apollo Tyres Limited
Stochastic: The K-line for APOLLOTYRE has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Apollo Tyres Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Apollo Tyres Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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