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Technicals for Hero MotoCorp Limited
By MusingTheNews
2025-06-13 20:37
Overall Technical outlook
Price Summary
Hero MotoCorp Limited's stock, on 2025-06-12 opened at 4410.3, climbed to a high of 4425.0, dropped to a low of 4340.0, and closed up -1.08% at 4362.8, with 813611 shares traded. Over the course of 52 weeks, the stock peaked at 6190.55 and hit a low of 3493.1. Analysts expect the price of HEROMOTOCO to vary between 3330.0 and 6200.0, with an average expected price near 4593.5835.
Technicals
Support and Resistance: At 4362.8, the price is supported at 4339.95 and faces resistance at 4339.95. This range suggests that the price for HEROMOTOCO might stay between these levels, with 4339.95 acting as a floor and 4339.95 as a ceiling. Support/Resistance for HEROMOTOCO
Aroon: The AROON is in a neutral stance for HEROMOTOCO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Hero MotoCorp Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Hero MotoCorp Limited
Parabolic SAR: The PSAR for HEROMOTOCO continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Hero MotoCorp Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for HEROMOTOCO. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Hero MotoCorp Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for Hero MotoCorp Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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