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Technicals for Aster DM Healthcare Limited
By MusingTheNews
2025-10-17 20:23
Overall Technical outlook
Price Summary
On 2025-10-16, Aster DM Healthcare Limited's stock opened at 700.8, reached 703.15, hit a low of 695.65, and rose -0.21% to close at 699.35, with 324615 shares traded. Over the course of 52 weeks, the stock peaked at 700.75 and hit a low of 394.0. 10 analysts forecast that the price of ASTERDM will range from 410.0 to 800.0, with an average expected price near 675.0.
Technicals
Support and Resistance: The price sits at 699.35, supported by 650.05 and resisted by 700.75. This indicates a trading range where 650.05 provides a floor, preventing declines, and 700.75 acts as a ceiling, limiting further price increases for ASTERDM. Support/Resistance for ASTERDM
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Aster DM Healthcare Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Aster DM Healthcare Limited
Parabolic SAR: The PSAR for ASTERDM maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Aster DM Healthcare Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Aster DM Healthcare Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Aster DM Healthcare Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Aster DM Healthcare Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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