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Technicals for Persistent Systems Limited
By MusingTheNews
2025-04-25 20:49
Overall Technical outlook
Price Summary
On 2025-04-25, Persistent Systems Limited's shares started at 5233.0, peaked at 5329.0, bottomed out at 5138.0, and ended 0.77% higher at 5273.5, with 1390977 shares traded. The stock's peak price over the last 52 weeks is 6674.2, with the lowest being 3351.85. Analysts expect the price of PERSISTENT to vary between 3550.0 and 7710.0, with an average expected price near 5693.909.
Technicals
Support and Resistance: The current price is 5273.5, with support at 5303.25 and resistance at 5303.25. This range suggests that the price might move between these levels, with 5303.25 offering support and 5303.25 capping further gains for Persistent Systems Limited. Support/Resistance for PERSISTENT
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Persistent Systems Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Persistent Systems Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for PERSISTENT. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Persistent Systems Limited
Stochastic: The stochastic indicator reflects bullish conditions, with the K-line above both the D-line and the 80 mark. This setup suggests that the market has strong upward momentum, likely leading to further gains. Traders may consider this a signal of continued strength in the market. Stochastic chart for Persistent Systems Limited
Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future. Tripple SMA chart for Persistent Systems Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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