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Technicals for HCL Technologies Limited
By MusingTheNews
2025-06-13 20:36
Overall Technical outlook
Price Summary
On 2025-06-12, HCL Technologies Limited's stock opened at 1725.0, reached a high of 1726.0, dropped to a low of 1695.0, and closed down -1.38% at 1701.2, with a trading volume of 3607547 shares. Over the past year, the stock's highest price was 1995.1, and its lowest was 1374.1. 44 analysts predict that the future price of HCLTECH will be in the range of 1320.0 to 1950.0, with a mean expected price of about 1662.909.
Technicals
Support and Resistance: The current price sits at 1701.2, supported at 1693.25 and capped by resistance at 1788.9. These levels define a range for HCLTECH where the price might stabilize, with 1693.25 as a floor and 1788.9 as a ceiling. Support/Resistance for HCLTECH
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong market momentum, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the market's direction. Aroon chart for HCL Technologies Limited
Bol. Bands: The price is above the upper Bollinger Band and has been since its last rise. This could indicate that HCLTECH is experiencing strong bullish momentum and may be in an overbought condition. Traders might see this as a sign of continued strength, but they should also be prepared for a potential correction or pullback, as extended periods above the band can precede reversals. Bolinger Bands chart for HCL Technologies Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for HCL Technologies Limited
Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that HCLTECH may continue to experience gains. Investors may consider this a positive signal for continued market growth. Stochastic chart for HCL Technologies Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for HCL Technologies Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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