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Technicals for HDFC Asset Management Company Limited
By MusingTheNews
2025-04-25 20:36
Overall Technical outlook
Price Summary
HDFC Asset Management Company Limited's stock declined -3.77% today, reflecting an awfulnding market day. On 2025-04-25, HDFC Asset Management Company Limited's stock began at 4554.1, peaked at 4601.0, bottomed at 4367.1, and closed -3.77% down at 4382.5, with a volume of 725594 shares. Over the previous 52 weeks, the stock reached a high of 4827.9 and a low of 3457.4. HDFCAMC's future price is expected to lie between 3600.0 and 5100.0, with an average expectation of 4599.2085, as per the recommendations of 24 analysts.
Technicals
Support and Resistance: The current price sits at 4382.5, supported at 4214.1 and capped by resistance at 4384.6. These levels define a range for HDFCAMC where the price might stabilize, with 4214.1 as a floor and 4384.6 as a ceiling. Support/Resistance for HDFCAMC
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for HDFC Asset Management Company Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for HDFCAMC. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for HDFC Asset Management Company 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 HDFCAMC. Parabolic Stop and Reverse chart for HDFC Asset Management Company Limited
Stochastic: The K-line is now below the D-line on the stochastic indicator, though it remains above 80, pointing to a possible bearish price move. This could be an early warning that the market's upward trend is weakening, potentially leading to a reversal. Investors should be cautious and watch for further bearish signals. Stochastic chart for HDFC Asset Management Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for HDFC Asset Management Company 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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