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Technicals for Delhivery Limited
By MusingTheNews
2025-06-13 20:31
Overall Technical outlook
Price Summary
Delhivery Limited's stock saw a -2.03% drop, showcasing an awful market day. Delhivery Limited's stock started the year at 365.0, climbed to a high of 369.45, fell to 356.05, and closed -2.03% down at 357.6, with 2229088 shares traded on 2025-06-12. During the 52-week span, the stock hit a high of 438.2 and a low of 240.29. The price projection is between 277.0 and 515.0, with an average expected price around 410.13635, according to 22 analysts.
Technicals
Support and Resistance: The price for DELHIVERY at 357.6 finds support at 349.6 and resistance at 363.05. This suggests a trading range, where 349.6 serves as a support level and 363.05 acts as a resistance point, potentially capping further gains. Support/Resistance for DELHIVERY
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Delhivery Limited
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 Delhivery Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for DELHIVERY. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Delhivery Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Delhivery Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for DELHIVERY. Tripple SMA chart for Delhivery Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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