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Technicals for HDFC Asset Management Company Limited
By MusingTheNews
2025-06-13 20:36
Overall Technical outlook
Price Summary
On 2025-06-12, HDFC Asset Management Company Limited's stock began at 5119.0, climbed to 5140.0, dropped to 5021.4, and had -1.72% to end at 5031.2, with a volume of 309173 shares. The stock's highest price over the 52-week span is 5217.2, while the lowest price is 3628.3. 25 analysts predict that the future price of HDFCAMC will be in the range of 3615.0 to 5100.0, with a mean expected price of about 4644.6.
Technicals
Support and Resistance: The price sits at 5031.2, supported by 4263.1 and resisted by 5217.2. This indicates a trading range where 4263.1 provides a floor, preventing declines, and 5217.2 acts as a ceiling, limiting further price increases for HDFCAMC. Support/Resistance for HDFCAMC
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for HDFC Asset Management Company Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for HDFC Asset Management Company Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for HDFC Asset Management Company Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for HDFC Asset Management Company Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for HDFC Asset Management Company Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for HDFCAMC. Tripple SMA chart for HDFC Asset Management Company Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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