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Technicals for JSW Steel Limited
By MusingTheNews
2025-08-15 20:41
Overall Technical outlook
Price Summary
JSW Steel Limited's stock started trading at 1055.0 on 2025-08-14, climbed to 1058.1, fell to 1038.9, and closed -0.9% down at 1045.5, with 870894 shares traded. In the last 52 weeks, the stock's top price was 1064.8 and the bottom price was 883.75. 34 analysts suggest that JSWSTEEL's future price will lie between 770.0 and 1270.0, with an average expected price of roughly 1055.7059.
Technicals
Support and Resistance: The price is currently at 1045.5, supported by 1044.2 and resisted by 1044.2. This indicates a range where 1044.2 may provide a base for the price, while 1044.2 serves as a cap on further upward movement for JSWSTEEL. Support/Resistance for JSWSTEEL
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for JSW Steel Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for JSW Steel Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for JSW Steel Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for JSW Steel Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for JSWSTEEL is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for JSW Steel 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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