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Technicals for AstraZeneca Pharma India Limited
By MusingTheNews
2025-06-13 20:23
Overall Technical outlook
Price Summary
The stock of AstraZeneca Pharma India Limited experienced a 2.36% surge, showcasing a fantastic market performance. On 2025-06-12, AstraZeneca Pharma India Limited's stock began at 9960.0, climbed to 10295.0, dropped to 9860.5, and had 2.36% to end at 10195.0, with a volume of 124041 shares. For the 52-week period, the stock's highest price is 10195.0, and the lowest price is 6247.05.
Technicals
Aroon: Aroon's bullish trend persists, with Aroon Up staying at the 100 level. This indicates strong market momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future direction. Aroon chart for AstraZeneca Pharma India Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for AstraZeneca Pharma India Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for AstraZeneca Pharma India Limited
Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for ASTRAZEN. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth. Stochastic chart for AstraZeneca Pharma India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for ASTRAZEN, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for AstraZeneca Pharma India Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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