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Technicals for HCL Technologies Limited
By MusingTheNews
2025-04-25 20:36
Overall Technical outlook
Price Summary
On 2025-04-25, HCL Technologies Limited's shares started at 1590.0, peaked at 1618.0, bottomed out at 1568.1, and ended -0.74% lower at 1578.2, with 3800103 shares traded. Over the past year, the stock's highest price was 1995.1, and its lowest was 1303.55. The price projection is between 1320.0 and 2180.0, with an average expected price around 1683.0, according to 42 analysts.
Technicals
Support and Resistance: The price of 1578.2 is supported at 1438.0 and encounters resistance at 1585.45. This suggests key levels where the price might find stability, with 1438.0 providing a base and 1585.45 acting as an upper boundary for HCLTECH. Support/Resistance for HCLTECH
Aroon: Aroon's bullish trend persists, with Aroon Up staying at the 100 level. This indicates strong market momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future direction. Aroon chart for HCL Technologies Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for HCLTECH, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for HCL Technologies Limited
Parabolic SAR: The PSAR continues to be bullish for HCLTECH, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for HCL Technologies Limited
Stochastic: The stochastic indicator for HCL Technologies Limited reflects a bullish sentiment, as the K-line is above both the D-line and the 80 threshold. This setup points to strong upward momentum, implying that the market may continue to rise. Traders could consider this as an indication of sustained bullish activity. Stochastic chart for HCL Technologies Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for HCL Technologies Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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