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Technicals for Aster DM Healthcare Limited
By MusingTheNews
2025-06-13 20:23
Overall Technical outlook
Price Summary
On 2025-06-12, Aster DM Healthcare Limited's stock opened at 574.05, spiked to 580.55, declined to 561.2, and closed -1.69% down at 564.35, with 835103 shares traded. The stock reached its highest price of 589.85 and its lowest price of 321.75 during the 52-week period. Analysts predict that the future price will fluctuate between 410.0 and 650.0, with the mean expected price being approximately 594.625.
Technicals
Support and Resistance: The current price is 564.35, with support at 541.0 and resistance at 586.9. This range suggests that the price might move between these levels, with 541.0 offering support and 586.9 capping further gains for Aster DM Healthcare Limited. Support/Resistance for ASTERDM
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Aster DM Healthcare Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Aster DM Healthcare Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for ASTERDM. Parabolic Stop and Reverse chart for Aster DM Healthcare Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Aster DM Healthcare Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for Aster DM Healthcare 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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