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Technicals for Adani Total Gas Limited
By MusingTheNews
2025-10-17 20:21
Overall Technical outlook
Price Summary
On 2025-10-16, Adani Total Gas Limited's stock began at 621.95, climbed to 628.25, dropped to 620.3, and had -0.05% to end at 621.65, with a volume of 506889 shares. The stock's highest price over the 52-week span is 812.35, while the lowest price is 547.15.
Technicals
Support and Resistance: The price is currently at 621.65, supported by 601.1 and resisted by 629.7. This indicates a range where 601.1 may provide a base for the price, while 629.7 serves as a cap on further upward movement for ATGL. Support/Resistance for ATGL
Aroon: The AROON is in a neutral stance for ATGL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Adani Total Gas Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Adani Total Gas 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 Adani Total Gas Limited
Stochastic: With the K-line positioned above the D-line and under 20 on the stochastic indicator, the market may be entering a bullish phase. This pattern indicates that the market could be preparing for an upward trend, emerging from a lower level. Investors might interpret this as a signal of potential growth for Adani Total Gas Limited. Stochastic chart for Adani Total Gas Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Adani Total Gas Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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