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Technicals for Exide Industries Limited
By MusingTheNews
2025-06-12 20:33
Overall Technical outlook
Price Summary
Exide Industries Limited's stock slid -3.35% today, marking a lacklustre performance in the market. Exide Industries Limited's stock opened at 408.0 on 2025-06-12, surged to 408.1, dropped to 393.0, and ended -3.35% lower at 394.35, with 2860036 shares traded. Over the previous 52 weeks, the stock reached a high of 579.65 and a low of 333.0. EXIDEIND's future price is expected to lie between 290.0 and 570.0, with an average expectation of 405.94736, as per the recommendations of 19 analysts.
Technicals
Support and Resistance: At 394.35, the price is supported at 382.25 and faces resistance at 418.4. This range suggests that the price for EXIDEIND might stay between these levels, with 382.25 acting as a floor and 418.4 as a ceiling. Support/Resistance for EXIDEIND
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 Exide Industries Limited
Bol. Bands: The recent dip below the upper Bollinger Band suggests a possible downward trend. This technical signal could indicate that the asset is losing bullish momentum and may be overbought, leading to a potential price correction. Traders might see this as a warning sign, where a reversal or pullback could be imminent, making it an essential moment for reassessing trading strategies for EXIDEIND. Bolinger Bands chart for Exide Industries Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Exide Industries Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Exide Industries Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for Exide Industries 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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