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Technicals for InterGlobe Aviation Limited
By MusingTheNews
2025-06-13 20:40
Overall Technical outlook
Price Summary
On 2025-06-13, InterGlobe Aviation Limited's shares started at 5200.0, peaked at 5318.0, bottomed out at 5176.0, and ended 1.19% higher at 5262.0, with 3340117 shares traded. In the 52-week period, the stock's peak price is 5695.0, and the lowest price recorded is 3848.8. The anticipated price is forecasted to be between 4050.0 and 6700.0, with an average price expectation of 5897.6665, based on input from 21 analysts.
Technicals
Support and Resistance: The price sits at 5262.0, 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: AROON is currently showing a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining low. This indicates that the downward trend is likely to continue, signaling ongoing bearish momentum in the market. The low level of the Aroon Oscillator reinforces the expectation of further declines. Aroon chart for InterGlobe Aviation Limited
Bol. Bands: In the most recent move, the price has crossed above the lower Bollinger Band after previously being below it. This upward shift may indicate a recovery from oversold conditions, suggesting that the market could be transitioning out of its bearish phase. The crossover above the lower band could be a sign of a potential trend reversal or a slowdown in the downward momentum. Bolinger Bands chart for InterGlobe Aviation Limited
Parabolic SAR: The PSAR has moved from a bullish to a bearish position, suggesting a possible trend reversal. If this shift is confirmed by other indicators, it could be a strong bearish signal. Traders should watch for additional signs of a broader market downturn before making any decisions for INDIGO. Parabolic Stop and Reverse chart for InterGlobe Aviation Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for InterGlobe Aviation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for InterGlobe Aviation Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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