Overall Technical outlook

Price Summary

2025-10-17, saw INDIGOPNTS's stock open at 1036.2, hit a peak of 1053.3, fall to a low of 1025.7, and close down -0.73% at 1028.6, with 79390 shares changing hands.
Over the past 52 weeks, the stock reached a maximum price of 1683.0 and a minimum price of 930.0.
9 analysts predict that the future price of INDIGOPNTS will be in the range of 1050.0 to 1560.0, with a mean expected price of about 1255.3334.

Technicals

Support and Resistance: The price is currently at 1028.6, supported by 997.1 and resisted by 1037.05. This indicates a range where 997.1 may provide a base for the price, while 1037.05 serves as a cap on further upward movement for INDIGOPNTS.
INDIGOPNTS supportResistance 71d556
Support/Resistance for INDIGOPNTS


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
INDIGOPNTS aroon 71d556
Aroon chart for Indigo Paints Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for INDIGOPNTS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
INDIGOPNTS bbands 71d556
Bolinger Bands chart for Indigo Paints Limited


Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Indigo Paints Limited.
INDIGOPNTS psar 71d556
Parabolic Stop and Reverse chart for Indigo Paints Limited


Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while staying below 20, often indicating the start of a bullish move. This setup suggests that the market might be in the early stages of an upward trend, emerging from a period of lower levels. Investors might see this as a positive signal for buying.
INDIGOPNTS stoch 71d556
Stochastic chart for Indigo Paints Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for INDIGOPNTS, raising the possibility of a change in direction.
INDIGOPNTS trippleSMA 71d556
Tripple SMA chart for Indigo Paints Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.