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Technicals for Persistent Systems Limited
By MusingTheNews
2026-02-03 20:51
Overall Technical outlook
Price Summary
On 2026-02-03, Persistent Systems Limited's stock started at 6400.0, soared to 6552.5, dropped to 6241.5, and finished the day -1.9% lower at 6278.5, with a trading volume of 353105 shares. Over the past 52 weeks, the stock reached a maximum price of 6563.5 and a minimum price of 0.0. 35 analysts estimate that the future price of PERSISTENT will fall between 4375.0 and 8865.0, with an average price expectation of approximately 6817.543.
Technicals
Support and Resistance: The price for PERSISTENT at 6278.5 finds support at 6137.0 and resistance at 6289.5. This suggests a trading range, where 6137.0 serves as a support level and 6289.5 acts as a resistance point, potentially capping further gains. Support/Resistance for PERSISTENT
Aroon: The AROON indicator points to a robust bullish trend for Persistent Systems Limited, with the Aroon Up rising and the Aroon Oscillator reversing. This suggests a potential upward trend reversal, indicating that market sentiment is becoming more positive. Investors may anticipate continued upward movement, with the market likely to experience further gains. Aroon chart for Persistent Systems Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Persistent Systems Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for PERSISTENT. Parabolic Stop and Reverse chart for Persistent Systems Limited
Stochastic: The stochastic indicator is in a bullish position, with the K-line above both the D-line and the 80 level. This configuration suggests strong upward momentum, indicating that the market may continue its positive trend. Traders might view this as a sign of ongoing strength in the market. Stochastic chart for Persistent Systems Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Persistent Systems Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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