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Technicals for Dr. Lal PathLabs Limited
By MusingTheNews
2025-06-13 20:31
Overall Technical outlook
Price Summary
On 2025-06-12, Dr. Lal PathLabs Limited's stock began at 2980.0, peaked at 3029.7, declined to 2945.4, and ended the day -0.28% down at 2971.6, with 165105 shares traded. Over the past 52 weeks, the stock reached a maximum price of 3605.55 and a minimum price of 2310.45. The price projection is between 2110.0 and 3770.0, with an average expected price around 3092.6, according to 25 analysts.
Technicals
Support and Resistance: The price for LALPATHLAB is 2971.6, with support at 2863.9 and resistance at 2978.5. This suggests a range where 2863.9 acts as a base, preventing declines, and 2978.5 caps gains, defining key trading levels. Support/Resistance for LALPATHLAB
Aroon: The continuation of Aroon's bullish trend, with Aroon Up at the 100 level, signals ongoing strength. To fully understand the implications of this trend, it should be examined further in conjunction with other technical indicators. Aroon chart for Dr. Lal PathLabs Limited
Bol. Bands: The current price is positioned above the upper Bollinger Band, where it has stayed since its recent move upward. This could indicate strong bullish momentum, with the asset potentially being overbought. Traders may view this as a sign of sustained strength, but the prolonged period above the band also suggests that a correction or reversal could be on the horizon for LALPATHLAB. Bolinger Bands chart for Dr. Lal PathLabs Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Dr. Lal PathLabs Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Dr. Lal PathLabs Limited
Stochastic: The stochastic indicator signals a bullish mood, with the K-line above both the D-line and the 80 threshold. This configuration indicates strong upward momentum, suggesting that the market may continue its upward trend. Traders could consider this a positive indication of strength for LALPATHLAB. Stochastic chart for Dr. Lal PathLabs Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for LALPATHLAB, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Dr. Lal PathLabs Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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