Overall Technical outlook

Price Summary

In today's trading, Chemplast Sanmar Limited's stock soared by 2.32%, showcasing an outstanding market day.
On 2025-08-13, CHEMPLASTS's stock began at 408.2, peaked at 419.9, dipped to 408.05, and closed up 2.32% at 417.65, with a volume of 20684 shares.
The stock reached its highest price of 528.95 and lowest price of 387.7 over the last 52 weeks.
4 analysts forecast that the price of CHEMPLASTS will range from 470.0 to 548.0, with an average expected price near 500.75.

Technicals

Support and Resistance: The price for CHEMPLASTS at 417.65 finds support at 410.4 and resistance at 446.15. This suggests a trading range, where 410.4 serves as a support level and 446.15 acts as a resistance point, potentially capping further gains.
CHEMPLASTS supportResistance 19b769
Support/Resistance for CHEMPLASTS


Aroon: The current state of the AROON 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.
CHEMPLASTS aroon 19b769
Aroon chart for Chemplast Sanmar Limited


Bol. Bands: The current reading of the BOLL BANDS 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.
CHEMPLASTS bbands 19b769
Bolinger Bands chart for Chemplast Sanmar Limited


Parabolic SAR: The PSAR for CHEMPLASTS continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher.
CHEMPLASTS psar 19b769
Parabolic Stop and Reverse chart for Chemplast Sanmar Limited


Stochastic: The stochastic indicator shows the K-line above the D-line while staying below 20, which is generally seen as the start of a bullish move. This setup suggests that the market may be beginning to recover from a low level, potentially leading to an uptrend. Traders could consider this a sign to start buying.
CHEMPLASTS stoch 19b769
Stochastic chart for Chemplast Sanmar Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages confirms a strong bearish trend, with their downward slopes reinforcing this momentum. The consistent decline in these averages suggests sustained bearish momentum, indicating that the market is likely to continue its downward trajectory. This alignment and the slopes signal a strong overall bearish trend, with little indication of an upcoming reversal.
CHEMPLASTS trippleSMA 19b769
Tripple SMA chart for Chemplast Sanmar Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.