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Technicals for Hero MotoCorp Limited
By MusingTheNews
2025-04-25 20:37
Overall Technical outlook
Price Summary
On 2025-04-25, Hero MotoCorp Limited's stock started at 3960.0, soared to 3994.1, dropped to 3839.9, and finished the day -1.63% lower at 3895.5, with a trading volume of 652198 shares. Over the previous 52 weeks, the stock reached a high of 6190.55 and a low of 3493.1. The price outlook for HEROMOTOCO is between 3200.0 and 6200.0, with an average expectation of 4674.4287, as estimated by 35 analysts.
Technicals
Support and Resistance: With the current price at 3895.5, support is found at 3876.45 and resistance at 4043.65. These levels indicate where buyers might step in at 3876.45, while sellers could limit gains at 4043.65, defining a trading boundary for Hero MotoCorp Limited. Support/Resistance for HEROMOTOCO
Aroon: Aroon's bullish trend continues, with Aroon Up remaining at the 100 level. This indicates sustained bullish momentum, but to fully understand the trend's implications, it should be analyzed alongside other indicators. A more comprehensive assessment will provide a clearer picture of the direction. Aroon chart for Hero MotoCorp Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Hero MotoCorp Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Hero MotoCorp Limited
Stochastic: The stochastic indicator for HEROMOTOCO reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for Hero MotoCorp Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Hero MotoCorp 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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