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Technicals for Global Health Limited
By MusingTheNews
2025-04-25 20:34
Overall Technical outlook
Price Summary
Global Health Limited's stock declined -3.04% today, reflecting an lacklustrending market day. Global Health Limited's stock started trading at 1253.2 on 2025-04-25, climbed to 1253.2, fell to 1206.0, and closed -3.04% down at 1215.1, with 194107 shares traded. The peak price for the stock in the past 52 weeks is 1457.9, with the lowest price being 966.9. The anticipated price is forecasted to be between 855.0 and 1470.0, with an average price expectation of 1278.1333, based on input from 15 analysts.
Technicals
Support and Resistance: The price for MEDANTA at 1215.1 finds support at 1141.25 and resistance at 1235.55. This suggests a trading range, where 1141.25 serves as a support level and 1235.55 acts as a resistance point, potentially capping further gains. Support/Resistance for MEDANTA
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 Global Health Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Global Health 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 Global Health 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 Global Health Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for MEDANTA, with no strong trend emerging. Stochastic chart for Global Health Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Global Health Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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