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Technicals for Atul Ltd
By MusingTheNews
2025-06-13 20:23
Overall Technical outlook
Price Summary
Atul Ltd's stock opened at 7150.5 on 2025-06-12, surged to a high of 7184.0, hit a low of 7050.0, and closed up -1.07% at 7074.0, with 26687 shares traded. In the past year, the highest stock price was 8036.35, and the lowest was 5166.8. 11 analysts suggest that ATUL's future price will lie between 5450.0 and 9000.0, with an average expected price of roughly 7726.273.
Technicals
Support and Resistance: At 7074.0, the price is held up by support at 6614.65 and faces resistance at 7211.3 for ATUL. This suggests a trading range where 6614.65 provides a base and 7211.3 limits upward movement. Support/Resistance for ATUL
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Atul Ltd
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Atul Ltd
Parabolic SAR: The PSAR for ATUL continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Atul Ltd
Stochastic: The STOCHASTIC 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 ATUL, with no strong trend emerging. Stochastic chart for Atul Ltd
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Atul Ltd
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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