The Alaska Summit on August 15, 2025, is anticipated to significantly influence...
Technicals for AstraZeneca Pharma India Limited
By MusingTheNews
2025-08-15 20:23
Overall Technical outlook
Price Summary
The stock of ASTRAZEN slumped -3.01% today, reflecting a lacklustre market performance. On 2025-08-13, ASTRAZEN's stock opened at 8678.0, reached a peak of 8757.0, dropped to 8252.0, and ended -3.01% lower at 8416.5, with a volume of 34705 shares. Over the course of 52 weeks, the stock peaked at 10509.5 and hit a low of 6305.45.
Technicals
Support and Resistance: The current price for ASTRAZEN is 8416.5, supported at 8386.5 with resistance at 8967.5. This indicates a trading range where 8386.5 might prevent further declines, while 8967.5 could hinder additional gains. Support/Resistance for ASTRAZEN
Aroon: The continuation of Aroon's bearish trend, with Aroon Down still at the 100 level, indicates strong bearish pressure. However, further analysis with additional indicators is essential to better understand the trend's potential impact on the market. Aroon chart for AstraZeneca Pharma India Limited
Bol. Bands: The current price for AstraZeneca Pharma India Limited has crossed under the lower Bollinger Band, indicating potential oversold conditions. This move suggests that selling pressure has increased, pushing prices below what is typically considered a lower limit. The breach could either signal a continuation of the downtrend or a reversal if the market begins to recover from these levels, making it a critical point to monitor for traders. Bolinger Bands chart for AstraZeneca Pharma India Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for ASTRAZEN. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for AstraZeneca Pharma India Limited
Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that ASTRAZEN may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator. Stochastic chart for AstraZeneca Pharma India 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 AstraZeneca Pharma India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses how AI technologies are leveraging digital footprints to provide...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.