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Technicals for Global Health Limited
By MusingTheNews
2026-02-03 20:35
Overall Technical outlook
Price Summary
MEDANTA's shares experienced a significant -3.28% crash, indicating a unimpressive market performance. On 2026-02-03, Global Health Limited's stock began at 1151.0, peaked at 1160.0, declined to 1104.0, and ended the day -3.28% down at 1113.2, with 236091 shares traded. Over the course of 52 weeks, the stock peaked at 1427.2 and hit a low of 1030.0. The price outlook for MEDANTA is between 1040.0 and 1707.0, with an average expectation of 1362.6875, as estimated by 16 analysts.
Technicals
Support and Resistance: The price currently sits at 1113.2, finding support at 1053.8 and resistance at 1152.6. These levels define a range for Global Health Limited where the price may move, with 1053.8 offering a base and 1152.6 limiting upward momentum. Support/Resistance for MEDANTA
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Global Health Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Global Health Limited
Parabolic SAR: The PSAR for MEDANTA maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Global Health Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Global Health Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction. Tripple SMA chart for Global Health Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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