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Technicals for Persistent Systems Limited
By MusingTheNews
2025-08-15 20:49
Overall Technical outlook
Price Summary
Persistent Systems Limited's stock opened at 5265.0 on 2025-08-14, surged to 5330.0, dropped to 5247.5, and ended 0.46% higher at 5289.0, with 506261 shares traded. The stock's highest value over the last 52 weeks is 6674.2, and the lowest value is 4402.75. The price outlook for PERSISTENT is between 3675.0 and 7536.0, with an average expectation of 5852.2354, as estimated by 34 analysts.
Technicals
Support and Resistance: The current price of 5289.0 for PERSISTENT finds support at 5303.25 and resistance at 5303.25. These levels define a range in which the price might oscillate, with 5303.25 as a potential support and 5303.25 as a resistance level. Support/Resistance for PERSISTENT
Aroon: The AROON indicator suggests a significant bullish trend, with the Aroon Up moving higher and the Aroon Oscillator reversing. This indicates a potential reversal to an upward trend, suggesting that the market may be gaining momentum. Investors could view this as a signal of potential opportunities, with the market trend favoring a bullish outlook. Aroon chart for Persistent Systems Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for PERSISTENT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Persistent Systems Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for PERSISTENT. Parabolic Stop and Reverse chart for Persistent Systems Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Persistent Systems Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Persistent Systems 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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