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Technicals for ICICI Prudential Life Insurance Company Limited
By MusingTheNews
2025-06-13 20:38
Overall Technical outlook
Price Summary
On 2025-06-12, ICICIPRULI's stock started at 644.0, reached a high of 645.6, fell to 630.2, and ended -1.92% lower at 631.65, with 580852 shares traded. The stock reached its highest price of 791.05 and lowest price of 536.6 over the last 52 weeks. The expected price range is between 575.0 and 790.0, with a mean anticipated price of 676.57574, according to 33 analysts.
Technicals
Support and Resistance: The current price is 631.65, with support at 623.45 and resistance at 649.6. This range suggests that the price might move between these levels, with 623.45 offering support and 649.6 capping further gains for ICICI Prudential Life Insurance Company Limited. Support/Resistance for ICICIPRULI
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 ICICI Prudential Life Insurance Company Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for ICICI Prudential Life Insurance Company Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for ICICIPRULI. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for ICICI Prudential Life Insurance Company Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for ICICI Prudential Life Insurance Company Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish formation, indicating a downtrend. However, the slower SMAs appear to be losing steam, suggesting that the bearish momentum might be fading. This could be an early sign of a potential bullish pivot in the near future, as the market seems poised for a reversal from the current downward trend. Tripple SMA chart for ICICI Prudential Life Insurance Company Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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