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Technicals for Laurus Labs Limited
By MusingTheNews
2025-08-15 20:44
Overall Technical outlook
Price Summary
2025-08-14, saw LAURUSLABS's stock open at 867.2, hit a peak of 878.85, fall to a low of 855.25, and close lower -0.86% at 859.7, with 2949028 shares changing hands. The stock's highest price in the past 52 weeks is 909.85, while its lowest price during the same period is 429.5. 13 analysts suggest that LAURUSLABS's future price will lie between 293.0 and 1025.0, with an average expected price of roughly 694.8461.
Technicals
Support and Resistance: The current price for LAURUSLABS is 859.7, supported at 827.05 with resistance at 881.45. This indicates a trading range where 827.05 might prevent further declines, while 881.45 could hinder additional gains. Support/Resistance for LAURUSLABS
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 Laurus Labs Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Laurus Labs 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. Bolinger Bands chart for Laurus Labs Limited
Parabolic SAR: The PSAR has recently shifted from a bearish to a bullish stance, hinting at a potential trend reversal. If this move is corroborated by other indicators, it could represent a strong bullish signal. Traders should watch for further confirmation to assess the validity of this upward trend for LAURUSLABS. Parabolic Stop and Reverse chart for Laurus Labs Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Laurus Labs Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for LAURUSLABS are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend. Tripple SMA chart for Laurus Labs Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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