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Technicals for InterGlobe Aviation Limited
By MusingTheNews
2025-04-25 20:40
Overall Technical outlook
Price Summary
InterGlobe Aviation Limited's stock dived -3.05% today, reflecting an lacklustrending market day. On 2025-04-25, INDIGO's stock started at 5480.5, reached a high of 5522.0, fell to 5193.0, and ended -3.05% lower at 5313.5, with 1913224 shares traded. Over the course of 52 weeks, the stock peaked at 5558.5 and hit a low of 3848.8. The price outlook for INDIGO is between 4050.0 and 6550.0, with an average expectation of 5548.1904, as estimated by 21 analysts.
Technicals
Support and Resistance: The price sits at 5313.5, supported by 5086.75 and resisted by 5366.0. This indicates a trading range where 5086.75 provides a floor, preventing declines, and 5366.0 acts as a ceiling, limiting further price increases for INDIGO. Support/Resistance for INDIGO
Aroon: The AROON is in a neutral stance for INDIGO, 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 InterGlobe Aviation Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for InterGlobe Aviation 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 InterGlobe Aviation Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for INDIGO. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift. Stochastic chart for InterGlobe Aviation Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for INDIGO. Tripple SMA chart for InterGlobe Aviation Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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