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Technicals for Adani Total Gas Limited
By MusingTheNews
2025-06-13 20:21
Overall Technical outlook
Price Summary
The stock of Adani Total Gas Limited experienced a -3.89% tumble, showcasing a lousy market performance. On 2025-06-12, Adani Total Gas Limited's stock opened at 700.0, reached a high of 701.95, dropped to a low of 670.1, and closed down -3.89% at 672.75, with a trading volume of 1180025 shares. Over the previous 52 weeks, the stock reached a high of 946.5 and a low of 547.15.
Technicals
Support and Resistance: At 672.75, the price is supported at 670.95 and faces resistance at 713.1. This range suggests that the price for ATGL might stay between these levels, with 670.95 acting as a floor and 713.1 as a ceiling. Support/Resistance for ATGL
Aroon: The AROON is currently in a neutral position for Adani Total Gas Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Adani Total Gas Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Adani Total Gas Limited
Parabolic SAR: The PSAR for ATGL continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Adani Total Gas Limited
Stochastic: The current state of the STOCHASTIC is neutral for ATGL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Adani Total Gas Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Adani Total Gas Limited. Tripple SMA chart for Adani Total Gas Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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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