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Technicals for ITC Limited
By MusingTheNews
2025-08-15 20:39
Overall Technical outlook
Price Summary
ITC Limited's stock, on 2025-08-14 opened at 414.25, climbed to a high of 415.05, dropped to a low of 411.0, and closed up -0.68% at 411.45, with 9577262 shares traded. In the 52-week period, the stock's peak price is 522.75, and the lowest price recorded is 394.85. According to 37 analysts, the price of ITC in the future is projected to be between 425.0 and 567.0, with an average expected price of 495.78378.
Technicals
Support and Resistance: The price sits at 411.45, supported by 410.25 and resisted by 419.3. This indicates a trading range where 410.25 provides a floor, preventing declines, and 419.3 acts as a ceiling, limiting further price increases for ITC. Support/Resistance for ITC
Aroon: The AROON is in a neutral stance for ITC, 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 ITC Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for ITC Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for ITC Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for ITC Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bullish manner for ITC, but the weakening slopes of the 20 and 50 SMAs suggest that this trend might not last. The loss of momentum in these short-term averages could be a signal that the market is nearing a turning point, with a bearish reversal in price action potentially occurring soon. Tripple SMA chart for ITC 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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