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Technicals for Equitas Small Finance Bank Limited
By MusingTheNews
2025-06-13 20:32
Overall Technical outlook
Price Summary
Equitas Small Finance Bank Limited's stock opened at 69.22 on 2025-06-12, surged to 70.48, dropped to 68.9, and ended 0.53% higher at 69.59, with 3276929 shares traded. The stock's highest value over the last 52 weeks is 107.29, and the lowest value is 54.91. Analysts' predictions indicate that EQUITASBNK's future price will be between 60.0 and 98.0, with a mean price expectation of approximately 73.16667.
Technicals
Support and Resistance: The current price of 69.59 is supported at 67.56, with resistance at 70.04. This suggests that the price for EQUITASBNK might remain between these levels, where 67.56 acts as a floor and 70.04 as a ceiling in the market. Support/Resistance for EQUITASBNK
Aroon: The current state of the AROON 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. Aroon chart for Equitas Small Finance Bank Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Equitas Small Finance Bank Limited
Parabolic SAR: The PSAR for EQUITASBNK continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Equitas Small Finance Bank Limited
Stochastic: The stochastic indicator for EQUITASBNK reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for Equitas Small Finance Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Equitas Small Finance Bank Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Equitas Small Finance Bank 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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