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Technicals for Gujarat Gas Limited
By MusingTheNews
2025-04-25 20:35
Overall Technical outlook
Price Summary
On 2025-04-25, GUJGASLTD's stock opened at 457.0, reached a peak of 459.15, dropped to 447.45, and ended -1.27% down at 451.2, with a volume of 331625 shares. The stock's peak price over the last 52 weeks is 680.0, with the lowest being 370.2. The price outlook for GUJGASLTD is between 350.0 and 690.0, with an average expectation of 477.57144, as estimated by 28 analysts.
Technicals
Support and Resistance: The current price sits at 451.2, supported at 445.3 and capped by resistance at 471.05. These levels define a range for GUJGASLTD where the price might stabilize, with 445.3 as a floor and 471.05 as a ceiling. Support/Resistance for GUJGASLTD
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Gujarat Gas 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 Gujarat Gas Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for GUJGASLTD. Parabolic Stop and Reverse chart for Gujarat Gas Limited
Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn. Stochastic chart for Gujarat Gas Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Gujarat Gas Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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