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Technicals for Devyani International Limited
By MusingTheNews
2025-10-17 20:32
Overall Technical outlook
Price Summary
Devyani International Limited's stock opened at 168.0 on 2025-10-17, surged to a high of 169.5, hit a low of 165.52, and closed up -0.25% at 167.58, with 701058 shares traded. The stock's highest price in the past 52 weeks is 197.75, while its lowest price during the same period is 140.5. The future price of DEVYANI is anticipated to range from 139.0 to 210.0, with an expected mean price of 179.25, according to the recommendations of 24 analysts.
Technicals
Support and Resistance: The price of 167.58 is supported at 161.27 and encounters resistance at 168.32. This suggests key levels where the price might find stability, with 161.27 providing a base and 168.32 acting as an upper boundary for DEVYANI. Support/Resistance for DEVYANI
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Devyani International Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for DEVYANI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Devyani International Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Devyani International Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Devyani International Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for DEVYANI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. 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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