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Technicals for Petronet LNG Limited
By MusingTheNews
2025-10-17 20:50
Overall Technical outlook
Price Summary
On 2025-10-17, PETRONET's stock started at 278.75, reached a high of 278.8, fell to 274.25, and ended -1.13% down at 275.6, with 1720456 shares traded. In the 52-week period, the stock's peak price is 349.45, and the lowest price recorded is 266.9. According to 31 analysts, the price of PETRONET in the future is projected to be between 240.0 and 410.0, with an average expected price of 323.35483.
Technicals
Support and Resistance: The price of 275.6 is supported at 273.75 and capped by resistance at 280.9. These levels mark key points for Petronet LNG Limited where the price could find stability, with 273.75 as a floor and 280.9 as a ceiling. Support/Resistance for PETRONET
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Petronet LNG Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Petronet LNG Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Petronet LNG Limited. Parabolic Stop and Reverse chart for Petronet LNG Limited
Stochastic: The STOCHASTIC is in a neutral stance for PETRONET, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Petronet LNG Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Petronet LNG Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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