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Technicals for Avenue Supermarts Limited
By MusingTheNews
2025-06-13 20:24
Overall Technical outlook
Price Summary
On 2025-06-12, Avenue Supermarts Limited's stock opened at 4100.0, reached 4105.0, hit a low of 4032.3, and rose -0.63% to close at 4074.0, with 769920 shares traded. Throughout the 52-week period, the stock hit a high of 5391.45 and a low of 3403.95. The anticipated price is forecasted to be between 3000.0 and 5549.0, with an average price expectation of 4005.3103, based on input from 29 analysts.
Technicals
Support and Resistance: The current price of 4074.0 for DMART finds support at 4025.2 and resistance at 4206.8. These levels define a range in which the price might oscillate, with 4025.2 as a potential support and 4206.8 as a resistance level. Support/Resistance for DMART
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Avenue Supermarts Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Avenue Supermarts Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Avenue Supermarts Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Avenue Supermarts 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 Avenue Supermarts Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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