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Technicals for Adani Total Gas Limited
By MusingTheNews
2025-04-25 20:21
Overall Technical outlook
Price Summary
In today's trading, Adani Total Gas Limited's stock declined by -4.15%, showcasing an poor market day. Adani Total Gas Limited's stock started the year at 626.0, climbed to a high of 629.0, fell to 594.0, and closed -4.15% lower at 600.0, with 902040 shares traded on 2025-04-25. The stock's peak price over the last 52 weeks is 1119.4, with the lowest being 547.15.
Technicals
Support and Resistance: The price of 600.0 is supported at 580.75 and capped by resistance at 628.2. These levels mark key points for Adani Total Gas Limited where the price could find stability, with 580.75 as a floor and 628.2 as a ceiling. Support/Resistance for ATGL
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Adani Total Gas Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ATGL, with no strong trend emerging. Bolinger Bands chart for Adani Total Gas Limited
Parabolic SAR: The PSAR for ATGL 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 Adani Total Gas Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move might be beginning. This pattern indicates that the market may be losing upward momentum, possibly leading to a reversal. Investors should remain cautious and look for additional bearish confirmation. Stochastic chart for Adani Total Gas Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Adani Total Gas 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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