On 2025-04-25, Asian Paints Limited's stock opened at 2464.3, reached a high of 2468.7, dropped to a low of 2413.7, and closed lower -1.33% at 2431.6, with a trading volume of 702160 shares. The stock reached its highest price of 3383.25 and its lowest price of 2132.1 during the 52-week period. 36 analysts suggest that ASIANPAINT's future price will lie between 2000.0 and 3400.0, with an average expected price of roughly 2407.5.
Technicals
Support and Resistance: At 2431.6, the price is supported by 2335.95 and resisted by 2470.5. This indicates that the price for Asian Paints Limited might fluctuate between these levels, with 2335.95 acting as a support and 2470.5 limiting further upward movement. Support/Resistance for ASIANPAINT
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Asian Paints Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Asian Paints Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Asian Paints Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Asian Paints Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for ASIANPAINT. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for Asian Paints Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Asian Paints Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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