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Technicals for Astral Limited
By MusingTheNews
2025-08-13 20:24
Overall Technical outlook
Price Summary
On 2025-08-13, Astral Limited's stock opened at 1273.0, reached 1300.0, hit a low of 1272.3, and rose 1.5% to close at 1292.1, with 2236689 shares traded. The highest price the stock achieved in the past 52 weeks is 2024.95, while the lowest price it saw is 1238.05. The anticipated price is forecasted to be between 1320.0 and 1812.0, with an average price expectation of 1577.1364, based on input from 22 analysts.
Technicals
Support and Resistance: At 1292.1, the price for ASTRAL is supported at 1238.3 and resisted at 1332.65. This indicates a trading range where 1238.3 serves as a support level, potentially preventing further decline, while 1332.65 could limit upward movement. Support/Resistance for ASTRAL
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Astral Limited
Bol. Bands: The current price has remained below the lower Bollinger Band since the last move, indicating strong downward pressure in the market. This position suggests that the market may be oversold, with continued bearish momentum expected. The prolonged stay below the band points to a potential continuation of the trend unless a reversal occurs, making it an important factor for traders to consider. Bolinger Bands chart for Astral Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Astral Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 suggests a mildly bearish market condition. This setup indicates potential downside risk, but the bearish signal is not very strong. Traders should watch for further developments before making any decisions. Stochastic chart for Astral Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Astral Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Astral Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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