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Technicals for JSW Steel Limited
By MusingTheNews
2025-04-25 20:41
Overall Technical outlook
Price Summary
JSW Steel Limited's stock tumbled -2.06% today, marking a awful performance in the market. On 2025-04-25, JSW Steel Limited's stock opened at 1050.0, spiked to 1056.9, declined to 1017.6, and closed -2.06% down at 1028.4, with 2784217 shares traded. In the past year, the highest stock price was 1063.2, and the lowest was 834.55. 35 analysts forecast that the price of JSWSTEEL will range from 715.0 to 1255.0, with an average expected price near 1015.1429.
Technicals
Support and Resistance: The price of 1028.4 is supported at 1012.95 and capped by resistance at 1044.2. These levels mark key points for JSW Steel Limited where the price could find stability, with 1012.95 as a floor and 1044.2 as a ceiling. Support/Resistance for JSWSTEEL
Aroon: The AROON 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. Aroon chart for JSW Steel Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for JSW Steel Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for JSW Steel Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for JSWSTEEL. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for JSW Steel Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for JSWSTEEL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for JSW Steel Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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