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Technicals for JSW Steel Limited
By MusingTheNews
2025-10-17 20:42
Overall Technical outlook
Price Summary
On 2025-10-17, JSWSTEEL's stock began at 1175.0, peaked at 1178.0, dipped to 1149.6, and closed up -1.0% at 1163.3, with a volume of 2206727 shares. The top price for the stock in the last 52 weeks is 1175.2, with the bottom price being 883.75. The price projection is between 770.0 and 1300.0, with an average expected price around 1103.091, according to 33 analysts.
Technicals
Aroon: The current reading of the AROON is neutral for JSWSTEEL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. 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 continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for JSW Steel Limited
Stochastic: The STOCHASTIC is currently in a neutral position for JSW Steel Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for JSW Steel Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for JSW Steel Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend. Tripple SMA chart for JSW Steel Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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