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Technicals for Devyani International Limited
By MusingTheNews
2025-04-25 20:31
Overall Technical outlook
Price Summary
In today's trading, Devyani International Limited's stock declined by -2.29%, showcasing an mediocre market day. 2025-04-25, saw DEVYANI's stock open at 179.3, hit a peak of 180.59, fall to a low of 172.5, and close lower -2.29% at 175.2, with 2531496 shares changing hands. In the last 52 weeks, the stock's top price was 221.58 and the bottom price was 140.5. 25 analysts suggest that DEVYANI's future price will lie between 135.0 and 226.0, with an average expected price of roughly 189.52.
Technicals
Support and Resistance: The price of 175.2 is supported at 173.41 and encounters resistance at 182.45. This suggests key levels where the price might find stability, with 173.41 providing a base and 182.45 acting as an upper boundary for DEVYANI. Support/Resistance for DEVYANI
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for Devyani International Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for DEVYANI, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Devyani International Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Devyani International Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Devyani International Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for Devyani International Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Devyani International Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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